Also provided on year 6 is the first of 4 refunds payments of your initial investment, year 6 through 9 your will receive 25% return of principle each year and continue to receive the credits that cover maintenance and cleaning when you use the unit.  

The 1% rule, 50% rule, 70% BRRR rule, are all good reading and principles to understand.

I've done a lot of deals as principle and have had to find all sorts of ways to get a deal done given I'm a solo investor and not a syndicator simply passing a hat around for money to get a deal done

If you do not count principle pay down in the cash flow then the cash flow is typically low on day 1.  

I make another 30K off principle pay down and 200K a year appreciation for now.

If the LA is also the principle/seller... why would you NOT want someone in your corner?

Also you will need money for reserves as well.......Cash Reserve Requirements; 6 months PITI is required on subject property.If you have 1-4 financed properties than it is now 2% of all unpaid principle balances.If you have 5-6 financed properties than it is now 4% of all unpaid principle balances.If you have 7-10 financed properties than it is now 6% of all unpaid principle balances.Money must be in account for 60 days or sourced.

In the end of the day, it's not a "end of the world" debt but out of principle, I just don't want to pay it.

At 7% interest only payments past 12 months on a buy and hold property, there's a risk of market shifting downward and affecting our ability to fully recoup principle when you sell.

. $400 a month ($100 for the area, and $300 for the gated community).Now I was going to rent for $2600 to cover the mortgage (which is about $2500...the principle is about $250 the rest is interest)), and cover the HOA's and property tax myself...the thing is my husband earns over $150k so we don't get the tax benefits as far as I know.We do have extra money aside ..about $80-90k in the UK...was hoping to use that to help upgrade to a new home someday...don't mind spending some of it to keep the current...but just scared of throwing our money away in the meantime even if the house does go back up again in few years...and make no money at all but a loss...most of all our savings gone..house now has capital gains if we leave it too long (even if we can recoup some of that loss as passive loss when we sell...seems like injecting so much money each month over x amount of years won't really pay back), and the company not paying closing costs then etc...Is it worth it, should we just sell?...