Putting more debt on a property that is a potential problem just adds to your problems.If you find that you'd ultimately rather sell the property and find an investment property with better potential, a 1031 exchange could be a good option to make use of all that equity and reinvest into something better.This would allow you to defer all of the tax you would normally pay and reinvest it into another investment property/properties and scale into better real estate and markets.One other question that might make a significant difference: Have you lived in that house for 2 out of the last 5 years?

Depending on driveway access break the ground up and establish lots. 

Tight numbers can turn into break-even projects fast, so the deal has to make sense from the start.You’re off to a strong start—keep going!

Going into it, we knew it would take some time and capital investment but we stuck it out and haven't looked back.  

The buyers stopped paying, secretly turned the property into an Airbnb without my knowledge, and eventually defaulted — leaving me with a huge unpaid balance, property damage, and a legal mess trying to remove them.Even worse, the family renting the home through Airbnb was completely unaware and now caught in the middle.

I’ve learned firsthand how financing strategy can make or break a deal — especially when it comes to cash flow, leverage, and scaling efficiently.I joined BiggerPockets to connect with other investors, learn from experienced operators, and share insights from the lending side that can help others grow their portfolios strategically.

I've been using Redfin's estimate for property taxes and insurance, but have really found nothing that even comes close to breaking even.

Every newbie investor starts out trying to squeeze every penny of savings they can out of what they are doing, but usually trip over dollars to save these pennies:(You should be tapping into all the experience on this site to ask how to better screen tenants!

If you’re struggling to source opportunities or just curious about what’s out there, I’d be happy to share what strategies I’ve seen working in today’s DFW market and point you in the right direction.There are definitely creative ways to break in — including options for house hacking — and I’d love to connect with others who are focused on growing their investing journey here in the DFW area!

You could look into investing alongside others into a project with your SDIRA.