If the idea of having outstanding debt is mentally draining it's great that you could easily pay it off and just give yourself that peace of mind. 

$280,000 could have been an outstanding price or a terrible price.

But a 60/40 stock-bond portfolio is probably one of the most passive investments you can make with reasonably good expectations of success.After my first month in digging into all this, it seems to me that good TK properties provide a really outstanding risk-return profile compared to other passive investments like stocks.

When we close on both new build properties in July 2022 it will  bring our total portfolio value to $3.5M.All the financial stunts I pulled along the way:Borrowed against my 401k, took out a HELOC, pulled lines of credit, flipped a Toyota Tacoma for $4k, bought and rented out a fleet of 4 cars to Uber drivers, charged lime scooters, sold my dream truck, bought a clubwagon van to store things in to save on having to pay for a storage unit, bought a 2006 Honda Civic as my main car, borrowed from private lenders, slept on friends couches and even ran up credit cards.Every Biggerpockets rule I broke:The 1% rule.

I am sure you are going to be an outstanding investor. 

@George Hariri  I realize this is an older post, but this video provides an outstanding way to analyze markets with FREE tools. 

I am a local Realtor/ Investor in the Scottsdale market that specializes in both investing & selling short term rentals and has a fleet of 16 vacation rentals.

I've also written a few articles about outstanding houses for the real estate section of the Santa Fe daily, as well as website copy for a number of real estate companies looking to provide their clients with "neighborhood information" on their websites.Currently, my wife and I live in Santa Cruz, California, but on a road trip two years ago, she fell in love with the deserts around Tucson and so by the end of the summer, we intend to move there.  

I am both a local investor ( I own & manage a fleet of 20 rental properties in the Phoenix/ Scottsdale market) and a realtor that specializes in helping find investment properties with both upside potential and strong future cash flow potential.

Lenders may in some cases require that the borrower maintain a certain minimum DSCR while the loan is outstanding.