There is much to be said about the home field advantage - we have started consolidating our portfolio into a half hour radius years ago.

It's the title of your thread that brought me here.Actually there are several books, but prefer the consolidated King James version.

My goals are to build a portfolio of cash-flowing rental properties, and then in 5 years, consolidate to one or 2 multi-family buildings.

Now your risk is consolidated into one property and the bulk of your estate is relatively risk free.Don't spend a penny of the cash flow from the 475 for three years. 

During the last recession I saw more turnover as folks consolidated - moved in with parents or friends, or bought with the juicy $8k purchase rebate, but the applicant pool was larger and for the most part, better.If you had to sell a single-family you took a hit like everybody else.  

I think the smarter play is to sell them all, do a 1031 exchange, and consolidate into a larger multi-family apartment complex.You'll get all of your equity (not just what you can refi out), gain economies of scale, and simplify your management going forward.With ~$1.155mm in equity you can reasonably look at $3.5-$4mm properties.

I was thinking Quickbooks might work but having a hard time understanding the steps necessary to consolidate the data.

This season we rented to the same couple for the 3rd year and received $2400 per month, and we stayed in it 10-15/1-15.We decided to consolidate 3 homes to buy and move to The Villages, FL (most fantastic place for retirees on earth, period.We got in the 50's when we sold AZ in Jan so really had a 12 year cash flow neutral situation with lots of great free fun and memories.there are a lot of people buying here in the Villages and using as rentals.

Hi,I am newbie in this forumHow extensive does it receive in the direction of set up Debt Consolidation?

I also keep some deep lines of unsecured credit cards in reserve.Quick Tip: If you keep your loans, consider consolidating your loans to a 25 year term loan.