As an added bonus you've got a larger free and clear property that you can refinance later if you want. 

Can I buy a boat with a loan now and use the bonus depreciation to write the entire amount off against long term capital gains on timber sold in 2020 😂

Thank you for being so generous in sharing all of your experiential wisdom!  

I’m entering into a deal on a 17 unit apartment building using OPM and true cash flow to me, after generously accounting for cap ex and vacancy, will be a few hundred/mo.

Folks- I am looking to purchase and rent out a 3/1.5 1500 sqft condo property that also has a basement with 2 bonus rooms of ~450sqft but no garage.

I plan on getting quotes for a couple of different options including a bonus room, bathroom & Bedroom, etc.

The 13 acres produces no income so it is just a burden unless you can put it to use or sell.Alternatively you could tear down the existing SFH and build 4 plexes, 8 plexes whatever depending on zoning and hitting the sweet spot to cover your investment and give you a profit.The 920k for the three properties might be realistic for a developer/investor with unlimited resources who knows what they are doing and why, but it might not work for you unless Granpa is feeling really, really generous. 

My husband is 6'3" and about 225 lbs and he hates tiny houses because he can barely turn around in the shower. 3) the best ones we've stayed in have had a generous deck.

I look at it as a long-term bonus.

That 9% if well earned is a huge bonus few appreciate.