It is usually referred to as the snowball system.If the 175k loan is relatively new you will pay (annually) about $10,000 in interest and $2,000 in principal.

By the way, any references of Real Estate CPA in the Orlando Area?

Dumb***** are now one less positive reference on their record and won't be getting further rental assistance from one of their only options because they didn't leave the property clean and lost security deposit.Moral of the story... screw sob stories.

Share what online biz your referring to. 

For reference, I am self-employed (I run my own online clothing business, i am 1099-k) and I've always been told that it'll be hard for me to get a conventional mortgage when you're self employed, so I am specifically asking about other types of loan options.  

Another investor referred to them as the Note Mafia...

If you jump into something before doing this - you're highly likely to get taken advantage of, or at best waste your time & money.Can't help with a coach:(Do recommend investing close to home if you can and then screen the heck out of PMCs with your expectations & goals to hire a good one.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

If they are built prior to 1978, they were not regulated and didn't meet code, so they are referred to as "mobile" homes.

@Richard Benjamin WilhiteRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I have also referred him to my friends and he did a great job with their concrete as well.