I have 33 rentals producing enough cash flow to support me the rest of my life, but I enjoy my work and continue working.

With one rental it is a bit easier on that end but the repair side becomes an issue as many vendors focus more on serving the high volume clients and put you further down the list so get a good network now! 

-Roughly 98% of the $3M balance comes from administrative “paperwork” violations, with fines of $500 per day, per item, plus compounding interest rates that no private-sector party is legally allowed to charge.

BTW, the rental property mentioned is a standard one year lease type apartment just like mine which has been sitting for 6 months and, although I have had crazy number of submitted applications, they have all been way too high risk. 

The entry points are better and the rental demand is still solid.You’re already doing the right things by joining communities and learning the numbers.

Hotels charge $250 for a single room.  

Tax, accounting, book keeping, utility charges due to property issues such as.

The Triangle is one of the strongest appreciation markets in the Southeast, but cash flow here can be tight unless you get creative (house hack, short-term, or mid-term rentals).

Hey @Scott Green,From a tax perspective, keeping your mortgage might still work in your favor since the interest is deductible against your rental income, lowering your taxable income.

So if you sold for $340k, you are buying a $500k rental and a $500k primary.