For added context, currently renting, no debt (aside from a car loan with about 25k left).

If you could hedge fund managers would quickly outcompete your capital with large swaths of capital.  

But, it’s not a business because even if successful, you don’t own the underlying asset, so unless you grow very large you have nothing to sell.  

I added value to the property by focusing on key renovations that aligned with the tastes of Hamptons buyers.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

The issue I see most is the cashflow gets crushed by HOA fees and the added headaches of having them tweaking rules etc. 

Plus the infrastructure is growing, Section 8 is a great source for tenants, and there is a bunch of large employers there.

Anyone have any experience with placing a flat billboard on the side of a building in Philadelphia? If so, can you send me DM. Thank you

If the answer is yes, then it's a no brainer to make minimum payments on your 2.8% interest rate mortgage, and use the funds that you would have paid extra to pay it down faster, to either invest in more real estate, the market, or anywhere else where you can get a ROI > 2.8%.If the answer is no, then feel free to aggressively pay it down as fast as possible, to become debt-free faster, and just have a large amount of money in savings or to splurge with.The bottom line is that your 2.8% mortgage is GOOD debt.

I have a large network plus in depth knowledge of the process to get a project like this off the ground.