The additional cash you have due to leverage put into more hard assets and the cash flow generated put into fixed income/equities after reserves.

What this leads to is higher purchase prices but also higher rents in these areas. 

It makes lead management way more efficient since they get to focus on people who actually want to do business. 

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.While the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall loss.

Im worried though that providing a such a thing would lead to hurried or sloppy work.

If the proforma has the rent roll at $1400 a month, there is a discrepancy that could lead you into a bad assumption on your business plan.Also one caveat, be aware of physical delineations around the area like bridges or railroad tracks or a canal. 

You may want to read up on wholesaling as a way to generate some capital.

Hello, I am new to real estate and looking to get into it and out of renting and starting to work on building that generational wealth.

If you use the unapproved documents terminating the lease and it leads to an eviction, you'd be wasting your time having to redo the process again.

Being "boy wonder" can lead to ego and pride definitely comes before the fall. 2) Irrelevant.