Lawyers are also motivated by making money and I've seen some investors set up ridiculously complex structures. 

I think most of these PMs make a lot of money off application fees, and have heard many stories from renters paying lots of application fees without getting refunded if the unit rents to someone else. 

So, are you planning on putting more money in the deal at that point to make up the $63,250 difference?

I'm assuming you are now at a point where you have enough money coming in to cover your minimum living needs.

I just can’t come to terms with throwing away money that I would never see again like with an apartment. 

https://www.propertana.ai/Advertising a free 14-day trial only to be redirected to a page that wants money is not good.

Your equity is not a savings account from which you can withdraw for free.

.- thanks ...try reaching out to the local small to mid size  credit unions and banks in NJ ...contact the bank you  have your checking / savings with ...contact the lender that services your 1st mortgage for options .....regarding deprication - are you asking about the depriciation on the  primary home ( subject property ) being added in or  for the depriation from another property ?

Because the more money you have in the deal the higher your risk.

When I started working, I was like most people—brainwashed into thinking that putting money into a retirement plan was the right thing to do.