We also bought two townhouses that are basically breaking even on rent when you factor in the mortgage and property taxes.Right on, guess it's time to hit the bank up and talk to some suits. Think I might set up a money market account too for emergency funds.
The plan is hopefully to have them paid off in 15 years and use the income from them to help pay for college (in addition to the 529) or if my analyst is right that it would be cheaper to buy Ohio than go to college we could always sell the houses at that time and use the same to pay for their school or whatever they need it for.