Until then, it is way too cold to get in by choice.

If I pay off the mortgage I have $600/m in profit and will pay $150 in income taxes however I will have $450 in my pocket.Between those two choices with income taxes being the deciding factor then it is better to pay off the mortgage to have a higher income and only slightly higher taxes.

If it were $55/month, you are effectively borrowing the other 16.5 percent of the of the deal for $660/yr. divide this by the amount down you don't have to come up with then and see what it is costing you (effectively its interest rate)So basically if you are intent on doing deal 2 in a couple years, that may make your choice for you so that you don't checkmate yourself right out of the gate.

Ethics is a choice, and if you are in business for being fair to all, you will do the right thing, e.g. extend the lease and extend the option to help the buyer buy it.Or you can have the ethics of a car salesman, ie caveat emptor, let the buyer beware.Your choice.

And the choice is yours!!!

I just made a strategic decision that bayview has the most upside potential, due to a variety of factors. 

Before you send them out make sure the property mgr sends a notice with the proper lead time so the tenant has no choice but to let them in.

Anyone that tells you they are a mentor or coach within 30 seconds of meeting them probably isn't a good choice.  

It just makes too much sense if you have a choice to go for a 60k listing needing 20k of repairs and possible surprises OR the rehabbed listing for 80k down the street...close, place and automate...done!

I spend enough time strategizing how to manipulate city rules and get the most bang for my buck; let him manage the day to day.