@Eric Oneill You're already making the right decisions and asking the right questions so keep it up. 

Best of luck with your decision!

Hello, Long time lurker and a new poster - please be gentle if I'm posting this in the incorrect place. 

So its about making the decision to do what it takes to actually be free.

Purchase price: $250,000 Cash invested: $115,000 Rental must be refurbed after last tenant, pool /hottub/ yard issueLeak from water heater created major damage, but didn't compare to tenant issuesMaking decision on selling/renting again to mitigate the costs of repair What made you interested in investing in this type of deal?

The real estate industry is likely just at the beginning of a significant shift towards greater use of data and data-driven decision making.

Might not make this decision in a warmer climate.  

We have one long term tenant who has had a LOT of different people live with her, it is easier to make the revolving roommates authorized occupants.This is the clause we use to designate the primary tenant and give us more flexibility:In the event that Tenants decide they no longer want to live together, ___________ will be considered the primary Tenant to make decisions about modifying or terminating tenancy.

Your financials may be able to offset a lower than acceptable DSR (property needs rents raised), but that depends on the lender.3) Can't help4) Ownership percentage, who is managing member and thus has authority to make decisions and sign for LLC, what happens if a partner can't make capital call, etc all usually pretty standard.

It's easy to become emotionally involved in our investment decisions, picking a favorite stock, or buying houses to flip in our neighborhood, or trading crypto because it's exciting, yet if we are really honest with ourselves, if we are investing to build wealth, are we really making smart choices?