@Robert Keeling I would strongly advise that you get a CPA.

Still going strong because the area is now a highly sought after and desirable place to live among young professionals.

Still going strong because the area is now a highly sought after and desirable place to live among young professionals.

The next 10 years will be strong for real estate.

There is always so much negativity coming every day to you from others & the environment whether you want it or not.How do you develop strong positive attitude?

Hopefully you have a strong lease agreement, she should know that if payments are late there'll be consequences.

Feel free to reach out offline, happy to network and learn more about your path forward.Yeah sure thing, not to give too much away because I was relatively candid in the post about people/companies that I have or have had active relationships with for this one but for this one I used a non-MLS property aggregator (or at least I think it's not MLS but more of a private marketplace) Edit: Hammond/Chicago Heights area curious to hear your thoughts on that for future purchases as well

@Yashar Fred most traditional rental investors that I know here in San Antonio are getting just over neutral cash flow in year one, when choosing areas where they expect strong rent growth and appreciation.

If you chose to reinvest that money you should be able to make it make much more than $800/month.An alternative approach if you strongly believe that future value will be much higher would be to harvest the equity and keep the property, but the new mortgage would essentially destroy your cash flow. 

Be strong in negotiations with contractors.