Using leverage is just applying mathematical principles to the real world.

Jeff Beard maybe I cannot convince you but mathematically, in recent times, the appreciating markets (San Fran, Los Angeles, OC, San Diego) have out performed virtually every cash flow area.  

Still spouting this mathematical nonsense?

It make make left-coast sense in California, but mathematically - when you discount your future cash flows - it's a bad deal (as a business).   

It seems to mathematically make sense that I payoff the loan first because of the high interest rate but if someone has a strong argument for acquiring my first property then i'm all ears!

It would end up being mathematically identical, assuming everyone is doing their math correctly. 

What you need is intimate market knowledge specific to the particular property, not some fantasy magical universal mathematical formula to apply to all property components in all properties.The value of real estate is a function of the whole.

This will cause panic to be heightened. https://finance.yahoo.com/news/hell-coming-mathematical-proof-185019616.htmlSo I freaked out on Friday and asked for a massive price reduction or I will walk away.

After reviewing everyone's input I have decided to go with the mathematical approach identified by @Rajib Garu and @CJ M.At the end of the day, money pays the bills not people and math does not lie.

Without local market fundamental's, it's mathematical certainty of a depreciation in values.