Investing is like marriage and right now you are in the honeymoon stage.

While the allocation of scheduled payments between principal and interest changes over the life of the mortgage, extra payments go entirely to principal, no matter what stage of its life cycle the mortgage is in<This part is me writing>This discussion also revolves around personal finances, liquidity preferences, your access to projects with higher yields, and your taxes.  

The home looked nice and nice staging too .

(A) A landlord who is a party to a rental agreement shall do all of the following:(1) Comply with the requirements of all applicable building, housing, health, and safety codes that materially affect health and safety;(2) Make all repairs and do whatever is reasonably necessary to put and keep the premises in a fit and habitable condition;(3) Keep all common areas of the premises in a safe and sanitary condition;(4) Maintain in good and safe working order and condition all electrical, plumbing, sanitary, heating, ventilating, and air conditioning fixtures and appliances, and elevators, supplied or required to be supplied by the landlord;(5) When the landlord is a party to any rental agreements that cover four or more dwelling units in the same structure, provide and maintain appropriate receptacles for the removal of ashes, garbage, rubbish, and other waste incidental to the occupancy of a dwelling unit, and arrange for their removal;(6) Supply running water, reasonable amounts of hot water, and reasonable heat at all times, except where the building that includes the dwelling unit is not required by law to be equipped for that purpose, or the dwelling unit is so constructed that heat or hot water is generated by an installation within the exclusive control of the tenant and supplied by a direct public utility connection;(7) Not abuse the right of access conferred by division (B) of section 5321.05 of the Revised Code;(8) Except in the case of emergency or if it is impracticable to do so, give the tenant reasonable notice of the landlord's intent to enter and enter only at reasonable times.

Built in 1978, it is a 9000 sq foot land area, 3 storey shophouse building with 4 shops in the ground floor and 24 small 2Bed/2Bath apartments above. 50% the building is rented out (almost NNN arrangement) to a very stable national bank for the last 30 years, with another 10 - 15 years remaining on contract.

. $658K includes 6 monthly payments, closing costs (3 points), and we are realtors as well so we are estimating 4% selling costs - 3% to the buyers agent and 1% for staging and misc - that 4% is not included in the sales price. we are projecting to complete this in 5-6 months, the GC is very efficient.

It probably depends what stage your mentees are in but you can spend a lot of time and money chasing a strategy that could set you back or suck up your cash reserves.

I'm still in the early stages of getting details of the ordinary income and expenses.

What stage are you in the process?

It can also look nice for staging with some deck chairs.