Honor it, and doors keep opening.

Which means an almost 8 year break even point. 

The only thing I would add is stay within your means out of the gate.

In fact, pre-leasing velocity in a lot of Tier-2 and Tier-3 university markets continues to outperform expectations.Here’s what this means for investors:Student housing has proven far more recession-resistant than most realize.Demand is built-in - students keep enrolling, and they need somewhere to live.The operational complexity is higher, but so are the returns if managed well.For me, this reinforces a big shift we’re betting on at Gold Crest Holdings:When you understand your tenant base and control execution, location near strong universities becomes an incredible defensive play.Curious how others on BP are viewing this trend. 

Managing rentals means your cash is tied up.

If you’re juggling rentals in both California and Texas, you have to keep in mind that the legal and tax rules are very different between the two states.

I have also watched many youtube videos on what to do, it seems if you have hit the 50k mark in returns , meaning you are making 50k yearly on investments then a S corp is needed. 

Keep an eye on your loan-to-value (LTV) ratio; staying at or below 75–80% helps you get better terms and maintain flexibility for future refinances.

Others want to keep properties leveraged and improve on return on investment and on return on equity.

The math, the tips, and all the different perspectives really helped me see the situation from every angle.After going through everything and running the numbers again, I’ve decided to keep the property and not pay off the mortgage for now.