@Shaylynn O'Learyfor a hold, you want it to be at least break even. 

Actively marketing the property and handling tenant relationsCost Segregation: allows you to accelerate depreciation by breaking down the property into different components, such as personal property (appliances, carpeting, etc.) and land improvements (landscaping, parking lots, etc.), which can be depreciated over a shorter period typically 5, 7, or 15 years rather than 27.5.

If you've been reading books and listening to podcasts, adding in-person real estate investor meetups is usually the special sauce to break the paralysis.

Let the professionals do this properly to not have to worry about breaking your title insurance, or at least ask your closing agent if a Quit Claim deed will void your owners title. this could be different in each state. #5.

(You won’t get the ongoing tax break and you’ll be selling or paying the taxes to cash out.)You convert capital gains income in to regular income. 

I thought the guy was going to give me a break since I used him so many times and he told my wife that it wouldn’t be much.  23K is a lot of money if you didn’t agree to that price.  

However, once i hit my goal and preparing to break ground on new construction, having a plan seems to help me better than shooting from the hip.

Like I said she pushes the boundaries but doesn’t break laws so it’s been hard to get rid of her. 

SarahI’m gonna give a slightly different answer than others, figure out where/how you want to live within reason & than figure out a way to use strategies to make that somewhat affordable but using a strategy 1st approach is really risky in this market, because it might take 4-5 years to even break even vs renting, so you want to find a place you’d be happy to live for 4-5 years & than find strategies like house hacking that make that more affordable. 

If they are high maintenance, you can also have a talk with them along the lines of if they aren't happy there, they are welcome to give 30 days' notice and not pay the penalty for breaking the lease.