This would consist of 3-5 people (ideally in the bay area) that are very serious about accelerating their real estate investment goals and learning.  

Right now, I pay around a third of my income in rent and slightly less a month on my debt (accelerated payoff of 5 years).

I have also listened to every podcast multiple times.To give everyone a little background on myself: I recently withdrew from an accelerated combined undergraduate/graduate degree program after the first year of the MBA portion for reasons I will discuss below, and subsequently was awarded a Bachelors Degree in Business.  

If you want to accelerate paying down your mortgage, use some of your cash flow to do that.

Research to find who is successful in doing what you want to do ( make money in real estate), offer to be a Locator for these successful pros, find deals for them, offer to work for free in return for some mentoring.There is no better way to accelerate your real estate career, find a mentor and you'll grow fast in this business.

You could accelerate the payoff with that extra cash and could have the house paid off a lot quicker.  

Talking to a few people on the phone can accelerate this process much faster and this will help your ROI.good luck!

I am fairly new to real estate investing as well but with the abundance of information from Bigger Pockets and networking with investors at the Charlotte REI; my learning curve has been accelerated.

You can paydown extra if you want, you can keep the high cash flow if you want and you will qualify for new loans easier if you get 30 year mortgages because your DTI will be lower.The interesting idea would be to see what kind of principal paydown it would take to accelerate a 30 year amo into a 15 year time period so you'd receive benefits of low DTI while still paying it off in same amount of time(obviously only beneficial for a small group of people).This all being said I keep rentals at 30 years and personal at 15...want to pay off my personal residence asap so if the unthinkable happens..major injury, death to wife or myself etc we'll be able to live in comfort on 1 income and keeping extras for kids futures.

The theory was that "if at any time 5 years after the loan was accelerated" the case was dismissed, or dismissed and not refilled-the lender was barred from foreclosing.