If your not RE pro or STR loophole qualified, best to stay focused on the more traditional tax reduction strategies like IRA, HSA and 401k 

**Fees for which you receive nothing, no reduction in interest rate, no reduction in principle.

Offered slightly below list price based on analysis and later negotiated a $3k price reduction based on inspection findings.

A 20% reduction will leave a balance of $42k.

Can the cashflow from your new investments outpace the reduction in your cashflow from your current property (not sure how much you are trying to refi out, but if you got 75% refi your interest payment every year more than doubles, would you still positively cashflow on that property?

CASH is king and we buy for cashflow, having no cashflow for 4 years is a tough pill to swallow.I do have an additional $10k per year as a maintenance budget which I think is a a bit high.

The COVID-19 pandemic has made its mark on our real estate industry—from accelerating existing trends (like the reduction of retail footprints) to spawning new ones (such as a bigger focus on social justice and health and wellness).

Got a ways to go but really laser focused on debt reduction first and foremost.

Despite the reductions, I am assuming the purchase prices are still substantially above what they would have been 5 and probably even 2 years ago - is that accurate? 

Based on current amortization schedule the current monthly principle reduction is around $1,100 per month.The home has some other unique features that are rare in the area such as a private double sized lot.