The education you will receive is worth thousands!!!

I will guarantee you, if you are looking for money (private, hard money, conventional), if you want to loan money, if you want to buy any type of property, if you want to know about how to split partnership proceeds, or any of the other thousands of subjects ... it's been asked and answered, so try a search first.

Many of the people that bought my smaller homes in the hundred thousand range were Chinese buyers so I am very familiar with working satisfying their needs.Eboni Taylor Keller Williams Realty 832-453-7440 [email protected] 

Have at least a few thousand set aside for those repairs as well. 

With all the other deductions (property tax, insurance, etc) you have thousands in negative income to offset profits elsewhere.Paying off the mortgage gets rid of that est. $9000 deduction and you go from a negative tax liability to a tax liability of about 80 to 90% of your annual rental revenue.Paying off your primary residence makes perfect sense, but if you're in the business of real estate, use the tax laws to your benefit, and park your money where you'd get an equal amount of additional revenue, while you maintain your biggest tax deduction to offset your new additional income.As far as what to do with parking that nest egg, all your suggestions are great if you have a passion for it and will follow through to mitigate each of their respective risks.

If you have an agent that shows it, they will follow the law and show it to all.7. cost to repair/replace and cost a little to 10s of thousands depending on the amount.8. you will be required to put them up elsewhere while it is be completed.9. they can sue the heck out of you if they found you lied.10.

They've cost me tons of time and thousands of unnecessary $$.

It can be very frustrating to see this literally 10 times a day on BP.  

(PS we have one tenant that is late every single month by about 15 days.... we have made thousands off them extra) 

I have spent thousands of dollars on materials but I did 100 percent of the labor of the years.