Not really. I plan to move apartments in a few months but that's pretty much it

I'm not sure what you mean

I appreciate it! I had a feeling I was caught in a trap, but ill cut my looses and be done with it at this point!

Thank you!

How fast could you pay it off if you don’t?

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Typically why I prefer not to do business with friends. I was young and dumb and was caught slipping.

Which state are you in? Landlord/tenant laws would significantly affect my answer to this questions.

Market rent is $2400 minus payment of $2100 puts you at $3600 per year before maintenance expenses + tenant turnover expenses. I could easily see this evaporating to $0 with those in mind.

You’re also confident that you have $70k of cash equity in house which, conservatively invested will net you $2,100 of income within headaches.

Also the fact that you can utilize the primary residence tax deduction (once every two years) and basically walk away with a tax free gain of over $70k (depending on improvements made, etc).

Appreciation is what you’re giving up hard to predict / peg.

On the flip side: you could rent it for a few years and then 1031 exchange it into a better neighborhood if that’s your main concern.

I've heard of worse. I'd talk to a manager about their costs to understand what you're up against.

Frankly cashflowing $1000-1250 a month with optimistic occupancy rates assuming you do all the work on that kind of market exposure is still a little heavy for me heading into your life phase but I would understand why someone would do it.

In a smaller town you may have better luck arranging a private driver.

I would discuss it with your Uber/Lyft driver and also see what livery options are available. Gig drivers only get about 1/2 of the fare despite being private contractors, and arraigning to just call a responsible driver when you need it (or have them pre-scheduled) will result in better reliability and cost over time, since you are not at the will of the app and the driver can pre-plan to be there.

CK check about once a month. I use their recommendations for applying for ccs and have been approved for all 4 they said I was good for. I like it shows who has 0% periods and sign up bonuses, and I use those to my advantage

Yeah thats why ive been confused. Like I said I got in blind, kinda forgot about it. I recently brought it up to one of my coworkers and they said it didn't sound right.

What is the plan for the money? When do you need the money? Those questions matter more. If you don’t need the money any time soon it should be invested.

If you pay state income tax, $0, because you can make more yield on <1yr TBills due to there being no state tax on tbills. A 1mo Tbill earns 4.6%, which is 5.11% effective yield if you have 10% state tax (do the match for your own situation).

>I feel like I just need someone to tell me to just sell the F-ing house

Just sell the F-ing house.

Have you ever been a landlord? Do you really want a second job being a landlord now? Do you know what a house in an increasing crime neighborhood with shootings will rent for? Do you know the occupancy rate for that neighborhood?

The dog walking alone made me cringe.

"> sell the F-ing house."

You will not spend your life regretting not having a rental to deal with while managing a move, a newborn baby, and all the adjustments coming up.

If you need more, check out JL Collins, A Simple Path to Wealth.

Thanks for the advice, sucks to realize that but ill cut my looses and collect whats available!

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Vanguard says vxus will beat vtsax for the next 10 years. Do with that what you will.

I'm trying to add vxus and maybe be 75 and 25 vtsax and vxus

You may find these links helpful:

• Emergency Funds
• "How to handle $"

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Personally seems excessive. If you have an emergency that goes on for that length of time you should be able to liquidate whatever you need to months before you spend it.

Moving with a pregnant wife sounds rough. This is the worst time to buy a house darn near. You are thinking of signing up for about 5-6k in mortgage payments a month. Yikes

Never.

I monitor the contents of my credit report with Credit Karma by having alerts set up to tell me when stuff changes. I ignore CK's credit score because it's useless. I don't care what my true FICO credit score is. I know it's excellent, that's all I need to know.

Thank you!!