Like you said, there are multiple supports here.

As rehab progressed and the HML paid out the 82K progress payments, she took that money and paid out her outstanding dues on other projects.

As a seller, financing can make you a lot more money, but gives you risk.

With long term rentals (or any house aside from a flip), you are unlikely to make money off the sale of the home if you have only owned it for 2 years after you pay the realtors and other fees.

You can also hold money for maintenance, capex, taxes, insurance, or other projected expenses.

However, the money I’d save by not paying $3500/month mortgage is $42,000 after 12 months – thus recovering the money paid on the capital gains tax.QUESTION: would you advise selling the rental to pay off the new home and take the $1400/month rental income loss (and gain $3500/month savings) or would you advise keeping the rental?

The easy money is gone.

It's important to remember you have their support and love.

Thanks.Why are so many wasting their money on courses.

My wife and I are both teachers and I also coach three sports to help make more money.