I guess one option is for me to live in the last unit for 2 years to get the 250k tax-free bonus, and meanwhile use a equity line against the unit to continue investing.Andy

", to see how bad it can get if you continue with this deal.My only advice is to use one of the "out" clauses in your P&S contract to NOT cose on this unit.

Thanks again for the response Minna.One option I'm actually considering is that if I were to purchase a property (assuming, as you said, its a great deal), rather than sell it after a year, I would continue to hold it.

Of course, that's why the vast majority of newbies fail and I guess there is little you or I can do to change that (even though we continue to try).Mike

In the mean time, continue your growth and keep your eys open and your mentor will appear.Lastly, your mentor may not look like what you think a mentor should look like.

I hope they stay at least 4 more, as long as they continue to be good tenants.My Home Warranty costs about $350 a year, which is a lot, but I CAN'T do the repair work. so if something happens, the tenant calls the MC who calls the HWCo, who calls a repair person.

While you're waiting, your expenses and mortgage payment continue.

Obviously, it is continuing to cost you money and it is counterproductive to hold it.

It is indeed the best I have found for those getting started and to continue growing.

I'm about to break the ice, so I'm anxious to know what you've discovered and how it may impact you.