There are as many books on personal finances and penny pinching as there are on real estate, save money by visiting the library

Absolutely Callum, if you're in a pinch and need hurry cash to close the deal, of course this is good debt.

i prefer to use them but in a pinch i will use any agent available.

at least i dont remember reading that you do. i am with you, but ever since we had a boy last year, i feel guilty for not being home with him.the problem is that i even fix the houses mostly myself and that's why my wife does not want to get another one. she knows i will be mentally and phisically gone from home for 2 months.i just dont trust contractors and since i do not get deals like you guys (below market prices), i need to pinch every penny after paying MLS prices.

Biggerpockets has given so much useful information to the point I'll pinch myself to see if I'm dreaming.

Be sure to hook up with folks near you, they can help you out in a pinch, and might land you the lead for the deal you are looking for.

The reason for this is that if you ever get in a pinch and have to sell, you don't want to be underwater and if you are underwater and you have to sell and you don't have the cash to cover the loss, well...that's how foreclosure happens.Most all markets in the US have returned, and even exceeded in many cases, the high price mark from before the crash.

I know its small but if I need the money for personal items in a pinch I could use the HELOC account. 

The ones that suck and can't add value to their clients will get pinched bc these discount brokers will add the same value with perks.  

As a result, if the area and asset match your investment criteria, then the T12 should be taken with a pinch of salt.