We removed the popcorn ceiling that had also been painted over with kiltz which made this a very time consuming job and during this found several places in the ceiling that was sagging.

I've been in the industry for a bit over a year now, and am getting my business up and going; I've closed about 20 loans (naturally sources through my realtor partners, family, and friends).I've been beyond blessed in my time to not accumulate any debt (besides minimal consumer debt), which should work out well for me (in terms of Debt-to-Income), once my sales commissions catch and my business takes off.

But I don't want to make $50 selling someone's couch because it's incredibly time-consuming and just feels wrong.

(https://www.cnbc.com/amp/2021/04/13/when-is-the-housing-market-going-to-crash-consumers-ask.html) I definitely think the return on equity (ROE) is one of the most important metrics for growth. $800/mo is great and you are making 4.8% on that equity.

From bls.gov, "The Consumer Price Index for All Urban Consumers rose 2.6 percent for the 12 months ending March 2021, the largest over-the-year increase since August 2018.

"We remain very concerned about a potential wave of borrowers seeking assistance after the emergency protections expire later this year, and we will use our regulatory, enforcement, and supervisory authorities to prevent avoidable foreclosures," said the CFPB spokeswoman.The Consumer Financial Bureau seems poised to take over this part of the role from the CDC.

Apfolio seems time consuming to get information into it and set up. 

In PA, my understanding is that if he buys from me for $250k cash, and plans to fix up over 6 months, then re-sell ...1)  2% transfer tax is immediately due on $250k 2)  he has high costs for a $250k+ loan for 6 months.BUT -- if he buys from me [down payment of $25k], and we agree that I finance a $225k loan for 6 months at some modest rate, then he saves a lot of money and grief on getting short-term financing, PLUS he saves the $5k transfer tax upfront.From my perspective, I don't immediately need the cash, and I'd rather have $265k in six months than $250k tomorrow.

@Richard WhitfieldYou must own your home outrightYou must be at least 62 years of age You must live in the home as your primary residence.You must remain current on property taxes, homeowners insurance and other mandatory legal obligations, such as homeowners association dues.You must participate in a consumer information session led by a HUD-approved counselor.You must maintain your property and keep it in good condition.Your home must be a single-family home, a multi-unit property with up to four units, a manufactured home built after June 1976, a condominium or a townhouse.

That is the riskiest, most time consuming and hardest part of managing.