@Orien Kuang - I think it's smart to try self property management on your midterm before paying 8-12% to have someone else do it.

And now that the furniture is not an expense (since I’ve already purchased it) I literally just need to plop it somewhere vs pay for storage!

So, does a 3rd party purchase the property and the buyer pays the 3rd party?

A refinance that only pays off the existing balance (plus any costs) is considered a rate and term refinance and should offer lower mortgage rates and costs due to simplicity.

So many people focus on interest rates of current vs interest rate they will pay on the next.

More importantly... by paying yourself from your rental income, you are converting passive income into earned income, subject to Social Security and Medicare taxes.

My question is do I pay taxes on that 355k boot although it was in the form of a mortgage?

What did you pay, what is market rate rent, how much equity do you have, and what interest rate/loan type do you have?

High yield savings, pay off debt, 401K, etc.?

In Washington County, Maryland, if my Lease Contract says all charges owed are considered rent, if my tenant paid their base rent but not maintenance fees and water bills owed, can i file against the tenant for failure to pay rent?