Follow me on this:You have $50,000 to allocate to RE, which tells me that you have achieved a fair amount of success in your life - you've found a certain competitive advantage...At the same time, we happen to be in a very difficult market today.

I lived in DE my whole life and had to move to Jersey last year to get a job.  

I haven't yet made any real estate investments beyond my own personal residence, but I've been interested in real estate for most of my adult life.  

It does not materially add to the value of your property or substantially prolong its life.

I set goals in November to change my life (habits) and focus on getting debt paid off, money saved, credit repaired and to be back to $0 in debt to move forward with my investing.  

Cons - you don't know who opens their mail, and they may be desperately trying to keep a separation between church and state (work and non-work life).

It came as a shock and really opened up my eyes to how precious life is.

What would be the advantage for either of us under the following "sale price vs interest rate" scenarios.Selling price of 180K at interest rate of 4% @ 15 years vsSelling price of 170K at interest rate of 5% @ 15 yearsvsSelling price 160K at interest rate of 6% @ 15 yearsAll of those scenarios would offer roughly the same income of 240K over the life of the loans.

Worst decision of my life. 

We have made the biggest mistake in our life.