This eliminates ALL the interest on that property, and uses the monthly payments you were making on it to help reduce the debt on the other quicker. 

Always happy to have input from others!

I suspect you are a fraud and trying to defame me when we have had absolutely no ties or contact to each other.

I'm assuming that this situation wouldn't pass inspection, but one could argue that all the spaces the guests have access to (i.e. bedroom, bathroom) are safe and habitable + the guests wouldn't be exposed to the kitchen.Also, do the city inspectors inspect other parts of the home the guests won't access (i.e. inspectors check the basement for water infiltration even though no guests would ever be living or even going down there). 

It should give you prompts to put in mortgage interest, repairs, big CapEx, and other things.

We have a member round table discussion on Fridays at 9 am cst.And we have a calendar of events with events from area landlord groups and member meetups.While we are still on zoom we do try to find ways to still be able to connect and talk with each other so our events are not all just another webinar with people talking at you.Hope to connect.

I’m in between investing with RTR and Norada and would love to hear input from other investors.  

One who is active still and recently did a case study write up like this is Don Konipol, the other pops on every now and again and did a BP episode many years ago Aaron Mazzrillo so search those two names and read some threads.A more likely scenario is not what you mentioned as the ever growing note/value deal, at least not as outlined.

I checked this out and it looks overpriced without having any other info.

As others have said have a lawyer draft up the agreement.