@Cory Prior I would say it depends on what you want to learn.

When I pay the mortgage the normal way (and remember, I did this for years, so I know that depending on other bills, I'd have $5-$6K in checking pretty consistently), I'm paying about $20K in interest and taking about 2 years to pay down the first chunk of $10K on the mortgage.

Any location or decor can create a great ROI depends on the purchasing price.

Depending on how the tenant works out, might ask you a few questions.

Without population growth, your rental income will lag behind inflation, requiring you to find additional sources of income.How long your rental income lasts depends on the job growth in the investment city.Non-government jobs are inherently temporary.

They have different tiers depending on what type of training and resources you're looking for.

I am not very familiar. several thousand acre cattle ranch at todays dollars depending on location will be in the multi millions..

Depending on the seller, you may sweeten the deal, by letting them know that they don't immediately need to cash out, or can partly cash out.

The tax treatment in such cases may vary depending on specific circumstances.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.