The cash flow from that property is close to nothing and if there are any issues with the property and you dont have the financial backing to handle it then it is going to be hard to deal with. 

I thought I would share my brief, hopefully insightful, dive into real estate and financial markets.Today I'm talkin’ the topsy-turvy mortgage market, consumer sentiment, Mayo lattes?

@Willam KuczmeraIf you decide to proceed with the distribution, the following IRS web page is a good resource for the rules and tax consequences. https://www.irs.gov/retirement-plans/plan-participant-employee/401k-resource-guide-plan-participants-general-distribution-rules

Lack of financial acumenI wonder what percentage get into real estate with little to no money and spent most of it on a guru course - it’s no different then people who want to be a day trader or crypto miner or Amazon business.

We use Furnished Finder's landlord resources and also look through the listings in our market, both comparable and larger/smaller.

I think you'll find it as a great resource for any questions you have.

Hi Dylan - I am also new to RE investing but have a lot of background in building a solid financial base.

Here's the scenario: A little over a year ago my wife and I converted our primary res. to a rental without too much financial analysis.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Are you having financial trouble?