I don’t like the idea of selling the property we have equity in because it is a perfect rental and it’s located in the growing middle TN area and I think it will continue to climb in value and rent rates.

I’m going to recognize this as a hard lesson learned and use it to grow my real estate investing expertise from.My question is really, what do I do with these properties now?

I want to start to get some rentals together in the meantime and grow a portfolio that will alow me to begin a new phase of my life.

Also many of the doctors that I have talked to either live in Belton or they commute in from Georgetown or Round Rock.I don't know too much about Temple, except the area around Scott and White is growing.

Also as I'm sure you know, the cost of labor and materials has been growing quite aggressively lately.

A lot has been said about online sales growing in the retail sector and what that might mean for brick and mortar properties.

Dont leave anything out on your lease, also as you gain more in years and experience your lease will continue  to grow and expand. 

If you save that money every month that will grow pretty quickly. 

@Ron Alexander For distribution, you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate (and alone) from the ones that barely produce (and can be combined in one LLC till they start "producing")- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.If Series-LLC is an option for you, get one and put each property in its own child Series-LLC, problem solved.

Plus, interest income is taxed at ordinary income rates.If your dad lives in a high tax state like New York, his combined federal and state marginal tax rate could easily be 40% or more.