So these investors tend to spin their wheels instead of closing more property trying to get lenders to do things that are not realistic.

Reason is rents rose during the period I had it, doubling, though it didn't go up six times as housing prices.I guess your head would spin with the price gyrations.

The things I have seen done by the fly by nighters would make most people's head spin.

I did however, just by 2 touchless (no spinning brushes) automatic (no people) car washes myself about 6 months ago, and can to some degree speak to the work and one method of purchasing that business. 

Head spinning - loving all this & very inspired by you all. 

@Jennifer Preddy Egbert that is an interesting way to spin the offer... sometimes the idea of 'free something' can give it more weight than it would otherwise carry. just need to decide if worth having a tenant in there, would want an airtight lease in case she changes her mind and wants to stay longer...

Refi (Yes Dave R is spinning in his grave or I'm sending him there more quickly)  Refi and consolidate debt on one or two properties and then apply all cash from every source you got including banks you can rob and lunch money you can steal from your children to that one loan.Paying of debt is a very good goal. 

Here are some rules to follow to mitigate risk if buying at this point in the cycle:Buy for Cash FlowMake sure your asset is spinning off plenty of cash to the point that you can experience a year at double the average vacancy rate and still be cash flow positive.

I will be working a job, so I plan on reinvesting everything back into acquiring more properties.My question might come across as vague, but that is because I have been spinning my wheels & am not sure what direction to go.I currently have only 15k, just got married, & need a place to live.

I have not rebuilt my credit yet but I plan to.Thank you I think that's great if what they're telling you is true and not some kind of marketing spin.