I love electronic payment for the hands off aspect.

So I paid 50 to top off mortgage and remaining 200 for hoa. 

I am looking for some feedback on paying off a rental property.

. - 6% cap rate reflects a nice safe part of Los Angeles, California, a prudent investment, not one that will make anyone rich overnight, but a place that higher net worth individuals park wealth to preserve it (imagine the depreciation write-off). 6% cap rate also tells us, right off the bat, that we're going to be in the ballpark of 60% LTV.- We will stipulate that this is hypothetical. 

So your numbers may be a little off but it is doable.

Even if the tenant decides to stay it will become a problem down the road. 

They may hire a contractor (they use the same guy and he's done a great job so far) or a specialized trade for anything more advanced - electrical, plumbing etc. 

I worked for a family office in an acquisitions role specializing in sale-leaseback transactions.

Other advantages besides cash flow are the appreciation depreciation and tax write offs.

I am barking around an off market property and I want to jump on it.