I've also been investing in the Indianapolis area, more for cash flow and tax benefits (may be able to get REPS status by logging my hours but that's another topic).

I could use this capital on a new investment that I could be more hands on with, and it nerves me to think about major renovations or fixes through a property manager that are bound to be needed on a house of this age.I'm just wondering if I'm overthinking it and silly to sell out on a cash-flowing property in a growing neighborhood at a 3% interest rate.Thanks for your thoughts and inputs.

However, the HOA fees are significantly affecting my cash flow by $600 per month should I rent it out.

Purchase price: $135,000 Cash invested: $40,000 3/2 SFH in a quiet neighborhood.

You don't make enough to pay lawyers, fines or anything else from your cash flow. 

With your proposed seller finance terms, you'd see serious negative cash flow for years! 

I like starting in the Midwest because it's affordable and offers good cash flow.

Purchase price: $825,000 Cash invested: $41,250 May 2022: We bought a single family home with an ADU north of Boston in the town of Wakefield MA.

📚 Areas of Interest:Property Management: I’m fascinated by the art of keeping tenants happy, properties well-maintained, and cash flow steady.Investment Strategies: Let’s talk about flips, buy-and-hold, and creative financing.Community: I’m passionate about building a supportive real estate community.

You buy it based on its current cash flow.