The cheaper that interest is and the reduceed  amount of time you're paying on it e.g. not when you're not using it makes the cost of that money less. you can spin scenarios where the original loan gets rolled over and over and that is fine but you're still paying interest on that and if you're having successful real estate Investments ultimately making money then great we just made money and paid for loan costs.   

I will walk into Vanguard or Fidelity Office look for some roll over opportunities. 0.75% expense; some are as low as 0.3%.

As far as DIY, painting will be tedious and time consuming, but if you break up the trim and the rolling between two people, it could take you a couple of days to paint a whole place, and it will save you a ton of money.

@Patrick Philip it's time to study real estate finance and learn how it works IF you want to roll with the big dogs.

@Aaron Farr I know many people in the BP community use Expensify to scan receipts.I'm biased, but Kitt is a great option to track all your income & expenses and toggle by property.Otherwise Airtable can help make your spreadsheet easier to use, if rolling your own still works best.Hope that helps.

Me personally, NO DEAL because unless they're truly ready to sell and ultimately take advantage of your help (investors are problem solvers that specialize in creating win-wins) then you could waste time at a profit margin that only seems like a win for seller and not another investor.I like to keep the ball rolling.

This strategy was an option if somebody lost a job and needed to live off this loan.So question is would it make more sense to pay off a property off for the advantages described above (greater leverage) or simply roll my liquid cash into a 3rd property? 

All the while, anything that makes you gag a little when you think of it or roll your eyes or gives you a sense of dread, those are probably more of your weaknesses. 

The issue for many is how to find that first project that still hits the numbers you need to keep rolling, but not too much risk. 

If that is the case please show your interest below and we can get this thing rolling!