For those concerned about the liability, that is my hesitation as well.

The answer is obvious, thus it’s obvious to maximize tax deferral as long as you’re investing the money (and enjoying some of it as well).

I'd recommend periodically visually inspecting the water drainage flow every so often and advising future tennants that the a/c drains there, therefore please make sure that that sink drains very well at all times and notify you asap if it does not.  

Consider attending local real estate meetups or events to expand your network further.Local Real Estate Agents: A knowledgeable local real estate agent can be a great asset.

Unlike your situation, the parcels were always separate from each other, but the sellers loan was collateralized against both the single family home parcel as well as the vacant parcel.

I would love to connect and share valuable knowledge.

@Lucas Hunt I'm curious as well.

I find couple hundo on a mortgage we just piddle that money away any way might as well do some good with it..

We have been targeting $1350 recently and that has been going well. 

They're currently getting ready for the NFL draft as well.