My quality of life has improved dramatically.

They are in the business of making money by scaling up their lending practice.

Since you did not buy in the hottest hood and were at the top of the market, there was zero appreciation, zero hood improvement, zero buyers prospects improvement, you are lucky to sell it for what you paid and maybe break even for your troubles.Now if you really do your research and you find that needle in a haystack TK that is in the next up and coming hood, the whole story changes perhaps.

You may be eligible to exclude a portion of the gain on the sale of the house.The sale of the investment property without any tax strategies will result in the following taxesYour gain will be selling price less adjusted basis(original purchase price less depreciation plus improvements). 

No real questions regarding the PM, they had been managing the property for 5 + years and 1 1/2 with a owner that actually wanted to improve the property. 

Will probably make 60k and I’ve only put about 15k into it in improvements.

Very interesting how must agents don’t practice what they preach but one man really stood out.

The amount of the cash out -- the amount over and above the loan balance you refinanced -- may be deductible depending on how you used the cash out proceeds.If you used the proceeds of the investment property refinance to improve the property then all of the refinance mortgage interest is deductible for that investment property. 

PM will give you a great baseline of practical skills for real estate investing i.e. handling leases, landlord tenant law, utility structures, maintenance, improvements, maximizing property value, keeping books, marketing, conflict management, working with contractors and vendors and a whole host of other skills and knowledge.

A: The ADA does not require covered entities to modify policies, practices, or procedures if it would “fundamentally alter” the nature of the goods, services, programs, or activities provided to the public.