@Tyler Haanen Very good idea on posting pictures of the unit with the caveat that it will be eventually furnished.

Gave me the mindset that no matter what or against all odds if I just get out of my situational emotions and ask myself what's next and do that thing then I'll eventually get the house renovated completely.

Now that the Coronavirus restrictions are easing up, we're looking to start another one shortly, eventually moving our way into buying and holding both residential and commercial property for passive income while continuing to flip projects that seem like decent candidates for it.I've listened to a number of the BP podcasts and have read some of the books that have been recommended on the podcasts as well, so I've done some of my homework before joining, but still have a lot to learn, and hopefully will be able to contribute and share what I know and what I've learned along the way. 

As I see it even if money in real estate was not made by going straight into multi-family (cost entry barriers), those who have grown their money eventually put it into multi-family or other commercial.

They eventually came to my job a few years later and garnished my wages, ofcourse the job then fired my royal behind 7 months pregnant nonetheless.Okay this should be a cautionary tale if there was ever one.

Eventually you will need to be able to do this accurately on your own. 

That will also help you keep accounting records of the payment for if/when you eventually sell or refinance.

In that scenario I would still rather own Real Estate than stocks because at least you have a solid asset that should bounce back eventually.  

I will eventually renovate the other side when the long term tenant moves out.

So you withdraw $200k, you pay $68k in taxes.