However, I seek advice on several crucial aspects before proceeding further.Firstly, I am unsure about the best approach to financing the purchase.

At the same time, by the time the market increases in price I will be paying 1K per month towards the mortgage to cover what the rent wont cover, so its 12K per year of loss (if I get a good tenants and nothing breaks), then who knows even if the market does go up...

Currently seeking a women’s mastermind.

I have some cash coming my way soon and trying to determine if I should use some of the cash to recast some of my mortgages to increase cash flow or not.  

I'd get rid of the consumer debt, then focus on increasing your allocation to equities and starting some fixed income.

Not only did commercial real estate assets like self-storage outperform the market during the Great Recession, they increased in value dramatically.

I have searched high and low for services (Doorstead, Craigslist) but it seems no one is offering that level of service, or if they do I don't trust they can deliver considering my specific needs (experience with potential section 8 type community) in an increasingly gentrifying part of town.

This increases the property's value and can allow you to charge higher rent, improving your cash flow and the property's appraisal value for refinancing.Rent: Lease out the newly acquired and rehabbed properties, preferably to reliable tenants similar to the family you currently have in your townhouse.

I am currently embarking on a journey into real estate and am seeking comprehensive information about the prospective area, which appears promising.

I know there has been some recent lower end apartment complexes in the area that have been bought and refaced which has helped change the look of the area but there is many duplex style homes scattered on Century 21st Dr along with Ivey Rd that increase foot traffic in the area.