While I love the idea of eventually owning a paid-off primary residence, I’m debating whether it’s smarter to sell our current house and use the equity as a down payment on the new home or to keep it as a rental.

Keep in mind that office is down right now and it could take an extended period to fill.Try to determine why it hasn't sold for 2.5 years.

Sure see a Lawyer, but plan on getting them out...or at least deny the 'fiancee' (but then keep a close eye on the place because he will probably try to sneak in anyway)

Im going to shoot you an email now, but honestly, I would love to keep our conversation public to invite more people into the conversation.  

My one buddy finds excellent deals and keeps them until he needs them.  

So a loss of about 55k We did a lease to own option so I could immediately take over expenses but keep their primary resident loan and interest rate.We agreed to a deal which would cover all their expenses at closing, their remaining loan balance, and $45,000.

Keep us posted on your progress, and if you ever make it down to South Florida, let me know.

Also keep in mind commercial loans readjust. 

We work hard to keep things positive and real estate-focused (no politics or religion).

We keep chugging along. 10.2% appreciation in 2024!