@Ryan Evans Cleveland is a good area i just need to get the ball rolling...

If you use the cash flow to pay off your mortgage you are saving yourself the roughly 5% interest on your mortgage, but your opportunity cost would be the 20% cash on cash return you could be making if you rolled that cash flow into another cash flowing property

I report every person that emails me "deals" they do not own and they end up with a cease and desist from the state.

Be sure to see the Rock n' Roll Hall of Fame while you are here!

My question is this, can I deduct my passive losses that occurred in 2017 on my 2017 taxes or does it get rolled over to 2018 because my income is too high?  

I'm extremely motivated to get this rolling the right way.

Now employer contributions are not able to be contributed after tax... so those would have to be rolled into a Roth IRA account some time later which makes things a bit murkey.

Instead of rolling the cash flow to pay off the property sooner as in option one, you will save that cash flow to buy your second property, sooner than it would take you to pay off the loan and save for the second property in option one.

If it was on the roll for 650k, your new taxable value would be 750k ( 1M-25%).

If anyone can give some advice on first couple of steps to get the ball rolling it would be greatly appreciated.