That may very well equal 15% on an annual basis, but for me it helps to think about them separately as the 8% should be constant, but the second line will be variable. 

And twenty years later, I can tell you definitively that a lot of guys who worked and worked constantly to do well in their careers for their early years routinely end up running for all they're worth on the hamster wheel of debt and credit, saddled with a wife who can barely stand them and couldn't run a family's finances to save her life.The incredibly stupid things I've heard some of some of my old acquaintances (and family members) doing in marriage sicken me.

This means you'll probably find it harder to rent the properties (increased vacancy rate), more difficult tenants to deal with, more constant tenant turnover (and the costs/hassle associated with that), etc.Also how old is the property?

He has been constantly pushing back when he will completely be moving out and has not paid rent.

I see your point, if you have a stream of properties under contract with upcoming closing dates.

My chosing to use an all cash strategy means I end up selling a lot and constantly dealing with paying taxes but it works for me especialy in later years when I have built up momentum. 

Whereas on flips, there are construction surprises...constantly.

The upside of office is that if you get a credit tenant you can sign to a long-term lease, you have a solid rental stream.

They have paid around $70k into a $170k mortgage over 20 years so far and have been constantly falling into credit card debit, renewing their mortage over and over.. its never ending.

They have teams focused on each asset type that are constantly speaking to brokers in target markets looking for deals that meet their investment criteria.