Eat well, exercise, minimize the risk of injury and thats6half the battle.

I think I know where I am eating lunch today.  

Some of the main points (all of which are availalable on this site/podcast) were the evaluation of purchasing a property and making a list of all items that will eat into your profits. 

He thinks that will be costly and will eat up any profit he will make from the rent payments.  

You want to make sure that all utilities are seperate and paid by the tenants, otherwise that will eat into your cash flow. 

(Sunday dinner tastes different when you eat with the person you owe a bunch of money to.)For the inherited tenant I would put him on a lease for 1 year with a clause of raising rents at the end of the year.   

@Brandon Sturgill thanks for your advice,  you're right HML would eat up alot and could be risky. 

@Christopher Balian pay off your credit card debt. credit card rates are super high interest and will eat into your overall financial picture.

Your cost to sell is going to eat up a lot of your equity you have paid down. 

If you’re leveraged at 25 percent you have very little if any “true” equity due to you cannot refinance anymore and selling with normal selling costs would eat most of that 25 percent.As far you’re residential loans that’s not an issue as far as loans being called due or what not.