I wanted to put the money into stocks as I have been.should I sell in its sale ready condition now or wait until this new tenant moves out IF I RENT TO THEM?

Good question — these are the kinds of early decisions that set the tone for how a property is operated.If the driveway still has 2–3 functional years, many owners would usually wait unless there’s a safety issue.

According to Fidelity, the Median household net worth by age is as follows:Average and median net worth by age | FidelityUnder 35 --------------------$39k35-44--------------------------$135,60045-54---------------------------------$247,20055-64-----------------------------$364,50065-74-------------------------------$409.00075+----------------------------------$335,600Don’t wait to buy real estate, buy real estate and wait!!!!

So you have to call and talk to someone or email and wait and wait, and wait and wait. 

And most people have it backwards.Why POF-First Is the Wrong OrderThe logic behind waiting for proof of funds seems sound on the surface: you don't want to make an offer you can't back up.

If it still cash flows and you still have reserves, then $20,000 can work.When waiting makes senseIf $20,000 is your entire liquidity, waiting is usually the smarter move.

Many owners believe holding out for a higher rent is the smart move.In reality, waiting can be more expensive than lowering the price.The Cost of VacancyLet’s look at a simple example.You want $2,000/month, but the market is telling you $1,900.You decide to wait.If the property sits vacant for:1 month → you lose $2,0002 months → you lose $4,000Now let’s amortize that loss over a standard 12-month lease.If you dropped the rent by $100/month:$100 × 12 months = $1,200 total differenceCompare that to:$2,000–$4,000 in lost income from vacancyWaiting for the “right” number just cost you more than accepting the market rate.Vacancy Is the Silent Cash Flow KillerVacant properties don’t just lose rent — they still have:Mortgage paymentsTaxesInsuranceUtilitiesMaintenance riskA slightly lower rent with consistent occupancy almost always outperforms a higher rent with prolonged vacancy.Running the Numbers Changes the MindsetWhen you truly run your numbers — not emotionally, but mathematically — you start asking better questions:How long can I afford this property to sit empty?

Many investors assume they have to wait 6 or 12 months or longer before refinancing a property after purchase and upgrades.

Sounds complicated but it freed up something like 40-50k in revolving capital because I wasn't holding money waiting for deal to transition between phases.The bigger play was deal velocity.

@Don Konipol mentioned $10K+ for "investor interface software" in his startup cost breakdown.