The extra PMT is going to principle and the irs does not care that you are paying it off early.

I had bought the property sight unseen, but with the help of my real estate agent, I was able to get a tour of the property through a video call.

I would pay off the 98K loan and put the rest toward the principle of duplex.End result, I would lose two properties from my portfolio, I would owe $40-65K instead of $98K, my monthly rental income would go from $1,400/month to $2,000-2,200/month and I would go from owning six doors to seven doors, two duplexes and three homes.Will someone talk me out of this or tell me I should be okay?

Obviously the principle payments also assume the property is remaining at the same value -- properties values of course go up and down.

It may be short sighted, especiallly when you look at after tax dollars...

Same principle for fleas.

That seems to often entail a down payment and some of the rent paying down the principle for a few years until the tenant can finally get a traditional loan to pay off the rest.

How can I buy the place ‘sight-unseen’?

It is great you are looking towards the future, but don't lose sight of where you are today.

Next to curb appeal, the first things people notice when they walk inside are the ones that affect their senses, like sight, sound and smell.