If they did, I'm willing to take that risk because I'm confident in my ability to argue my position, my local judge is pretty fair and reasonable, and I can eat the cost if I lose.Your mileage may vary.

You don't take on a deal where the leverage eats up your comfortable cash flow.

I tip when I sit there and eat the meal.

Those same tenants may tear that place up, eating through your cash flow quickly.

The cost of getting a new loan after putting the first loan on is going to eat up most of the benefit of refinancing, for most situations.

Getting started was at least half the battle, take a second and celebrate starting.It’s like her comedian that says he gets asked all the time by strangers where they should eat.

And you don’t want higher interest rates eating from your time.

I know him and he owns a good portion of Manhattan -- He will eat you alive! 

Obviously this would eat at the cash flow, but i figure if i can keep reinvesting their initial capital I could purchase so many more properties than on my own.

While you are slaving, eat ramen, roommate up or live in trailer, avoid Starbucks and tuck every dollar you can squeeze out into a bank account. need 20% down and money for materials. so for 80K home (trashed), you will want 35K banked to get started, just a rough idea.