That said, I am currently in the process of marketing my North Carolina Property (here) for rent this summer, and I witnessed a great example of leverage recently that I thought would be useful to share.
As some of you may know, I am a HUGE fan of leverage, especially and specifically real estate leverage, where your leverage is backed by a 'real' asset (the lumber, steel, concrete, glass, petroleum products, brick, etc) that all go into making a house AND it is an asset that you actually control. This is in direct and stark contrast to "stock market leverage," where you only have very, very minuscule and indirect control of whatever the company's market valuation happened to be on the day you decided to buy. Huge differences there worth a re-read.
All of that said, I have written about leverage (here) before on PassiveIncomeDude, where I used the example of my Colorado Property to show how I achieved a 100% return in just one year. It is an extremely powerful example of leverage that I think is worth the few minutes of reading.
Now back to my current example from the previous owner of my North Carolina property: