Our goal is to pay off the house in 8 years using my bonuses from work and some business profits.

If you are the CEO, you may get a salary, retirement account, insurance, bonuses and allowances.

with this approach you would double your money in under 7 years and if things did not work out as anticipated you would have more than enough income to pay borrowing costs.Appreciation in these markets would be a bonus , you make your money on the rental.

I have also paid bonuses, the other end of any penalty.

You also may be looking at paying for some transformers etc for the electric company to handle the new load.

My goal is to be holding about 5M in real estate that will get paid off in the next 15-25 years.If it cash flows any time before that, I will look at that as a bonus.

Al Williamson - I love the idea of the moving walls . . . here's a cool video to spark your imagination even more:A Tiny Apartment Transformed into 24 Rooms

I would just hire him as a project manager and perhaps do a bonus for good work.

Everyone around me is being supportive which is a huge bonus and is very well needed!

I offered $70K with $20K in earnest money, no contingencies, quick close and even offered the listing agent my commission with $1000 bonus (yeah, I really wanted the property).I didn't get it.