Just like failing Syndications, if their fundamentals such as occupancy, rates, capex change and financing they can be stressed.  

Create a weekly “receipt ritual.”Pick one day a week (even 20 minutes) to:• Enter receipts• Match charges• Update your budgetThis alone eliminates 90% of the stress.4.

Use income‑based valuation, assume conservative vacancy and professional management, and stress‑test debt at today’s rates.

Your earliest stress will come from not knowing who to call for various repairs, so try to network with as many people and join fb groups. 

That can save a lot of stress and surprises later.

Getting those numbers side-by-side will make the decision a lot clearer and hopefully a lot less stressful.

I’ve been hearing a lot about turnkey properties — homes that are already renovated, tenant-occupied, and ready to cash flow from day one.On paper, they sound like a stress-free way to get started (especially if you’re not local), but I’ve also read mixed opinions about whether they really perform as advertised once you factor in management fees, maintenance, and long-term expenses.For those who’ve bought turnkey rentals:Did the numbers hold up after your first year or two?

With these realities, a 70% loan-to-value ratio is the new 75% in many markets, and in lower-cost markets with thinner margins, 65% may be the real stress-tested number.

This is one of a million examples I have on why you need to quit being so cheap on your repairs and make sure your numbers are SOLID going into deals so you are not stressing on every repair!

Also check if your lender charges any prepayment penalties or early closure fees.From a tax perspective, since both homes are personal residences (not investments), the main thing is tracking potential capital gains and how long you’ve lived in the current property before selling.You’re in a tricky spot, but balancing convenience and cost here will save a lot of stress later.Thank you Deborah for your input.