If I were of the mindset that I buy with higher debt terms for the sake of quicker pay off and realize higher cash flow later, it would not be a business and I would likely still be working a job.Many of the posters here are already financially free, but either chose to continue to invest, continue to work, or a combination of both, but not a necessity.

Because than you will realized that working with different people in within Anderson, they don't necessary see your tax situation eye-to-eye. 

If it’s by the room then follow what Russel said but realize it can be your problemIf they rented it together - not your problem.

for builders in the business and experienced their construction lenders will do a land advance.for everyone else you might as well come to the realization your going to need the land paid for.save you a lot of time and heartaches searching for that unicorn lender..

I said I really wanted this deal because of the numbers I got back after analyzing it, not realizing that there are more factors to consider like the ones you mentioned in the reply.

Realize evictions can be a slow process in CA.  

Also realize most loans are not assumable, so you would be selling subject to the mortgage, which means your name still stays on title and if they stop paying you are the one foreclosed on.

It's amazing how many people suddenly stop pretending that the dog is a service animal once they realize that what they did is a crime.   

Then I realized my little one-bedroom reeked of stale tobacco smoke.If I lived 70 miles away from my unit, I wouldn't want someone like you in my property, either.

My big realizations. 1.