If you have 10 credit cards with credit limits of $1000.00 that's $10,0000 at your disposal.

@Hayley CourtneyYou can deem the property abandoned and take possession and do not have to go through the eviction processIn Texas, you are supposed to store the property for 60 days before disposing of it

He recommended the certified letter announcing that if the contractor did not make arrangements to pick up his tools by a specific date, they would be disposed of.

The examples he laid down in his book are examples of different ENTRY strategies.EXIT STRATEGIES - an exit strategy on the other hand is how you can DISPOSE or MONETIZE a piece of real estate.

She has a house that's completely paid for and 65k at her disposal and she wants to me start making her money work for her.

Unless you can reduce garbage and yard waste( maybe your landscaper can dispose of the yard waste), I think the rest are fixed costs.

You can be sure that I will follow YOUR recipe since it has obviously worked for you, and you are kind enough to share it.Last question (I hope):In the same spirit of being fair to investors: if you sell the asset before the investor's capital has been fully repaid (maybe you dispose it early because it's the right time), what happens with the proceeds?

I have 50k in savings and a budget of disposable income of $1500 per month.   

A lot of people HATE those things so be prepared to have them removed and disposed of.  

before disposing of it.