This is my first project that I'm doing on my own - 425sf addition + upgrading existing house.

These are professionals with additional training and a stricter code of ethics.

If one year from now I see this is a viable business that makes me an income that can at least sustain my life at 70% of what I can make working for someone from paycheck to paychek, and see potential for growth and reason to do this full time, then I can take 60 hr course, pass MD exam and get a Broker to sponsor me as REA.

If I sell, I pay off the debt, lose the asset, and have no more monthly income from the property but I would be DEBT FREE, which is very enticing.

Higher rents (Really higher Net Operating income.

I don't want to just pay her 5-8% of rental income as I feel like there are some months where she really won't need to work much and I don't want to overpay.  

My wife and I are small-time real estate investors with lower middle class income.

Regular market analysis and strategic selling of underperforming assets while the market is strong can allow you to reinvest in higher-performing assets or hold cash for future opportunities.Leveraging built equity through equity partnerships or private lending can generate passive income while keeping your capital relatively liquid.

Additionally, our strategic marketing efforts highlighted the property's new features, attracting buyers quickly.

We are starting to see this change as Millennials are moving to the area looking for a better lifestyle.One huge improvement the Wenatchee area has seen is the median household income level which is now at $87,500.