Hi All,I'm a new member in Silver Spring, MD, who read Rich Dad, Poor Dad, and realized I don't have to be living paycheck to paycheck forever!

I have an assumption specialist I push all of my assumption deals through, I wouldn't do it without them.

I think it would be wise to consider starting a new non-broker MD business and keep it separate from your FL Broker Business.Make it clear that you're not licensed in MD and cite the exception for property management in all documents.Get County specific MD lease agreements and property management agreements.Find an experienced MD attorney if you need any additional help

Naturally, that has led me into looking at some different markets.

Separately, there are tons of older extended stay hotels in all the major growth cities with people living in them paying (fairly high) monthly rates due to convenience or lack of qualification for typical rentals.

Thank you all for the help!

It seems like a free for all with RE gurus now...

When property is owned in your personal name, you can keep all the funds in one account.

This was not like taking out a regular mortgage, There were all sorts of hoops to jump through and tons of extra paperwork to fill out but my Realtor and Lender made the process easy!

If I continue at the rate I am I should hypothetically have it paid off in about 4 years even though it was a 30-year mortgage.My question is do you all recommend just paying the minimum on the mortgage and then saving the extra in a high-yield savings until I have enough to put a down payment on a rental?