If you're able to maintain the original ($800k) property plus the other properties you invest in with the cash-out refinance money, I think appreciation would outweigh this?

I have been studying investing in the stock market, and in real estate, relentlessly, for the last six months.

It all depends on what you consider "a good deal" multifamily is fairly common in the San Gabriel Valley, and while the properties tend to be old, many are fairly well maintained.

It should last a very long time as long as it's properly maintained. 

It’s not the stock market with massive shifts in a week or months time, hell even in a days time as was seen in March/April. 

PITI ended up $2800. 5 years later, we relocated for my physician training but wanted to maintain our property.

Net earnings for Social Security are your gross earnings from your trade or business, minus all of your allowable business deductions and depreciation.In figuring your net earnings for Social Security, don’t include the following:Dividends from shares of stock and interest on bonds, unless you receive them as a dealer in stocks and securities.Interest from loans, unless your business is lending money.Rentals from real estate, unless you are a real estate dealer or regularly provide services mostly for the convenience of the occupant.Income received from a limited partnership.How To Report Your EarningsYou must complete the following federal tax forms by April 15 following any year in which you have net earnings of $400 or more:Form 1040 (U.S.

There's always something and you're in an area with very old housing stock.$10k closing costs looks very high to me.I use 8% Vacancy when underwriting MFR.Insurance looks very low for a $650k property.

Aloha @David Stock!

Every nonresident property owner shall appoint and continuously maintain an agent who (i) if such agent is an individual, is a resident of the Commonwealth, or if such agent is a corporation, limited liability company, partnership, or other entity, is authorized to transact business in the Commonwealth and (ii) maintains a business office within the Commonwealth.