I attended middle school here and spent many years growing up in the area.

Note that California taxes capital gains as ordinary income (up to 13.3%) and does not conform to federal bonus depreciation rules.This post does not create a CPA-Client relationship.

However, if you'd like to continue to grow your portfolio and use your own funds (instead of OPM), then I would tend to say take out more than the 50k in order to fund future purchases.

DSCR loans could be a good option if you want to continue to grow your rental portfolio.

At some point you'll grow big enough to hire someone to run Revenue management for you whether that be a third party(BNBlbs) company or VA. 

Phase #1 - Recovery  - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from  decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."

Maybe pay him a little for things he does for you, help him manage that money and grow it.

Evict her for creating a health hazard--closing off the deck blocks an emergency exit and stops air circulation which allows mold to grow easier, plus it is altering the house.  

They chose wisely and have been growing it slowly for almost 2 years now. 

As a new investor, focusing on these can give you a solid foundation to grow your portfolio.I’m primarily focused on the Indianapolis market, where we specialize in new build duplexes that offer strong returns and stable rental income.