So if you have 100k out, at 12%, you're paying $1,000 in interest per month with no principle pay down. 

You have to draw a line somewhere.I find timely fixes like paying extra to fix the heat on a Sunday in January endear you to a tenant more so that what shiny new object they can get. 

He used his youth and the principles of the "snowball effect" to create generational wealth that can still be seen today with modern manWho was the first landlord?

Once you have reached your income objectives, there is nothing wrong with paying down debt.

I understand the principles of Wholesaling, but need to save up some money for marketing.

I personally am huge with Freedom to Choose-https://freedomtochooseproject.org/We go into California prisons and work directly with the inmates, teaching them spiritual psychology principles that help them see their own worth, help with forgiveness, anger management, making them generally happier, etc.

@Ricardo Cristobal What's your objective?

If you use borrowed amount, interest rate, and term - you can check the 'principle balance' FCI is reporting with your own amortization schedule.

My issue-situation-question is this: Because we have made REI our goal, with a plan for a lifestyle change, business objectives , and everything, we are online every day looking for and analyzing deals [as you can see I upgraded my BP account to have full access to the calculators!!!

Why would you need to put a house under contract if your objective is to fix and flip?