I paid a little extra for the realtor to handle setting up viewing appointments (listing realtor would just call me and leave a message that a buyer was coming out) and a lock box.  

It's a shame you didn't when you could get locked in for 30 years at 4%.

The wrap lender should then use the wrap loan payments to pay down the first mortgage so that by the time the wrap loan is paid, the first mortgage is also paid off.But in a typical case, an unscrupulous wrap lender fails to pay the first mortgage, triggering a foreclosure.

I wanted to lock $50k into the exchange (avoid Capital Gains tax on the gains), and pocket the $50k (what I paid down on the loan),  so I would not be locked into a 180 day limit to reinvest the full amount.  

Knowing I want to pull the trigger on my next investment after it is paid off I'm looking for feedback on what that investment could be and how I can leverage a paid off property towards it (without selling it).

We are tossed between should we pull the trigger because we know its a good property and good investment over time or continue to look for something that suits both our living and financial needs?

@Cole Harter If at all possible in my properties, I try and include lawn care and put a lock on the sprinkler box.

We always change the locks before we rent a unit. 

Hey EveryoneHave been listening to the podcast for about a year now and finally ready to pull the trigger.

Then when you're ready to pull the trigger on a property, get a GC to do a walkthrough and follow him/her around and take notes on what they tell you.