Build a simple pro forma where your training ops cover a base % of fixed costs, and tenant rent covers the rest.

I really appreciate the information and I’m looking forward to connecting with you and the rest of the LA group in person 😊

When choosing a realtor, make sure you find someone who can connect you with a great rest of your core 4(great realtor, property manager, contractor, and attorney), with the most important one being your contractor, who will either make or break your deal!  

All the rest lived in other states or countries.

@Melissa M Blackwelli know this isn't what you want to hear, but if you're "using the equity" with a HELOC and then financing the rest, you will likely just lose money, as it will be very difficult to find a property that can support 100% financing.i would save up more cash firsthope this helps

If he can give me a reasonable price I will be looking to pay my contractor for the work he has done so far, and finishing up the rest. 

  $2,000 contribution  per year compounding at 20% fixed for the rest of my life.

Is it something some cleaning services will include if they’re already there doing the rest of the house?

It's a shame when people who are not in the banking industry make false comments as it really confuses the rest of the people on the forum.

I did not have to be concerned with any future tax liability down the road - this money was mine “free and clear”.By all means investigate options, but there is value in simplicity and freedom with having cash in the bank.One potential option would be after paying for your new house, invest the rest of the cash in commerical RE, do a cost seq, and take the 100% bonus depreciation.