Some of the posts on this thread in particular are making me question my sanity.Granted, she has cash flow, but she could have...purchased more properties by keeping her cash and leveraging itbought a property that wouldn't be as highly leveragedwaited for a better deal to come around where she has cash flow and equity.These deals always boil down to math. 

Right now you can get a RE loan for around 3 to 4 percent.However, $5k as part of a 25% down-payment means you can get a property priced $20k higher.A lot of math to go over, and not nearly enough info to render a good opinion.

Then it is simple math you lose money each month it is not rented..

I’m a middle school math and science teacher but am looking to build wealth through real estate because we all know it’s not going to happen through teaching.

(Don't need the cash for a down payment on another house if I choose to buy there).Have lived in the house for the past 5 yearsCurrent Value of House = 277,340Bought originally for = 232,000Original Loan = 209,000 Down payment = 23,000Mortgage left = 188,500Real Estate Agent believes if I sell I should receive, after all fees/costs/negotiation, approx mid-high 60k.Doing the math per month to rent out the property after getting quotes and refinancing for 3.25% for 3,800.Rent = 2,100Tax = -449Principal/Interest = -837Property Manager = -100Capital Expenditure = -183Rental Property Insurance = -156.403% No Tenant Fund - 63Net Monthly Income = 311.60House (built in 2007) is located in an in-demand area and is 3,600 sqft that includes a mostly finished basement.

I didn’t do my homework and I should have!! 

The math says to keep it the way it is by investing our full mortgage payment after our mortgage is paid off we would amass a nice sum of money in 20 yrs about 500k more then refinancing. 

some will tell you BRRRR but I already ran the math on that one.. and if your working full time your going to take HUGE risk trying to BRRRR remotely. 

It is a math problemBid for someone else to do it $7000 (or whatever)If you do itAdd up the contractors.   

My math says that I will make over 500/mo in cash after all expenses are paid.