I realize that I probably need to hire a financial expert to truly assist me with this question, but I’d like to ask the community how they’d look at this situation beforehand because my wife and I are relatively new at all of this.

However, if I take out a construction loan later down the road, say 5 years, I probably am not going to have more than $10,000 to put on that loan so I’m not sure if this is the best route.

I have email auto-responders that provide info and links to our website, walk-thru videos and a short application form when someone makes an initial inquiry. 

@Jonathan Greene infers from your use of the term "lease" that this tenant started off on with a lease for a period of time such as 1 year and then when the lease ended no new lease with signed and the tenancy continued as month-to-month under the original lease terms.

This development aims to enhance housing options and significantly increase property values.

This property showcases strategic planning and flexibility within my investment portfolio.

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

HI everyone:  I keep on going back and forth on this but want to ask others who have made moves in either direction this year (or gone down the route of paying off properties early in general). 

Located in a prime area, this property continues to deliver steady income and strong returns.