This will accomplish the following.Increase monthly cash flow by $1800After paying 10% penalty I will save $4400 over what I would pay in interest in 2 years / In other words, interest savings more than pay the penaltyIn my opinion the taxes are a wash as I would have to pay those now or when I retire.There you go,  please poke holes in this plan and tell me what I am not considering.

Price ends up a wash if you are quick enough and if you do not have to come back to fix the job a secoond time.

I have washed the dishes every night for weeks in a row, because If I didn't I wouldn't be able to use the sink.

It is time to move IRAs and 401(k)s into self directed retirement plans that will allow you to take your investments offshore.This is storm about to wash ashore, it is just time to prepare but fortunately we KNOW what is coming and there is time to prepare.For prepared investors this will be a great time to accumulate assets if you do it right.

Sounds like the most important thing is VENTILATION and detergent and water wash of walls and ceilings.

Tacking on that, if you are hoping for further appreciation here in NYC, you're also going to get it for the property you're looking for in SF, so it might be a wash with both cities being the highest markets in the US.Rents are also flattening or actually dropping from what they were last year.

If you hire someone it is a wash as you pass on to the guest, but you should be thorough and count it in your gross income and also in expenses as it will have an effect on any ratios/percentages you calculate.Good luck with your real estate journey!

I closed escrow on a 6-unit building in March and did not know one tenant's electricity was connected to the House Meter, the same meter for the outside lights and washing machine room.

The wear and tear is such that you really just can’t wash the walls.  

.- minor service requests (fixing the cable, changing a light bulb, batteries in remotes, tightening doorknobs, etc)- HomeAway service during periods of extended vacancy (flush the toilets, run AC, inspect property, etc)- Our housekeeping service provides starter supplies w/ each visit (toilet paper, dishwasher pods, washing machine pods, etc)- We provide a 24/7 call service as well as live customer service M-F 8am-5pm.You can definitely manage a property on your own but it's not always easy and both the marketing and the customer service can be very time consuming.