For taxes this year, we ran the Schedule E Assistant for each property and the business and gave them to our CPA.

It's about 8 blocks from campus and 2-3 from some popular bars.  

Marty Gold I think Ed E. is on the right track with a boring ol' money market account.

Current businesses include: ESmith Legacy, a premier real estate development and asset management firm; EJ Smith Construction, a Dallas-based commercial and civil construction manager and general contractor; E Smith Realty Partners, a national commercial real estate services company; E Smith Capital Partners, specialists in the procurement of commercial real estate equity and debt financing; and Prova Group, Inc., a mobile authentication company."

Thanks a lot, @Jamal Pitts  The property is 1743 N Peach St.Also, what are your thoughts on E Mt Airy.  

When it's coming out of your wallet from a week's pay, you think harder, do more research, and make sure it's the right marketing strategy before you pull the trigger...which is a good thing.So, my advice, if you can refinance the principal balance for a lower rate, and that frees up some money in your monthly budget so you can launch a motivated seller marketing campaign...then THAT is the right route. 

It's better to account for it now so you know your property cash flows from day 1 including all expenses)E) Repairs & Maintenance = 6% each i.e. 6768F) Total Opex = 24,408NOI = 56400 -24408 = 31992Debt Service = 4.25% term 20 years ~$32498Cumulative cash flow = NOI - Debt Service = 31992 -32498 = -506Based on the assumptions above the property wont cash flow.

@Amy E.  

looks like it'll e a fun project.I say you leave the main floor, which seems to be the kitchen and the living room as is. 

Certain areas are more popular than other and bidding wars are common.