At a 7% annual return, this could grow to $908K after 10 years, providing immediate liquidity and diversification.Alternatively, holding the property could yield $825K net equity after taxes in 10 years, assuming a $900K sale, with the potential to defer taxes via a 1031 exchange if reinvested into another property.

Has this changed?

This could easily cost you $10’s of thousands if you plan to stay in the home 5+ years when you return. 

Do you mind sharing more information? 

The information contained in this post is not to be relied upon.

While this is a great and highly motivating goal, most people are either clueless or incorrect in their belief as to what is required to obtain this “lifestyle”.Understanding of the “how to” get there is further obscured by the misleading, and often patently false “pathways” sold by real estate educational MARKETING companies as workshops, upsold to association memberships, upsold to mentorships.

Many ServiceTechs cover this via a service call fee. 

Is this something I should take in consideration? 

This was important for scaling.

Hi there,As a first-time landlord in NYC, it's great that you're being cautious about this.