Right now it's the icing on the cake and I'm going to milk it for as long as I can!

And if I want to scale up and build generational wealth wealth in 4-6 years once equity builds up and my tenants pay my mortgages down, I can recycle that equity and buy more cash flowing rentals.

based on RE cycle...Thanks

If it’s undeliverable, it will be returned to you at no charge with the reason for non-delivery.Standard Mail, formerly known as bulk mail and 3rd class mail, is a back of the line product, USPS delivers when they have the time and it goes in the recycle bin if not delivered.

I would milk it to the last drop.

Here are the numbers:Property Purchased: $80kDebt Service: $350/moTaxes: $275/moGross Scheduled Rent: $2000/moOperating Expenses (per month):- Vacancy: 10% ($200)- Maintenance: 15% ($300)- CapEx: 10% ($200)- Management: 10% ($200)- Owner Paid Water/Sewage: $150- Trash Service: $85 (for 3 bins + recycling)- Insurance: $150- Owner Paid Electric: $50Total Operating Expenses: $1610NOI: $4680Monthly Cash Flow: $39.05The neighborhood is at best a C- if not D class neighborhood (high crime, high tenant turnover, low income tenants).

Then think about how you can recycle that same chunk of capital over and over, the trick to do that is to add value.

Patrick does really great analysis of the SF Bay & RE cycles.)http://www.paragon-re.com/3_Recessions_2_Bubbles_and_a_Baby (scroll down to HAI section, which didn’t exist before I met with Patrick last Friday, 4/24 ;)GTD Inspiration – ALL ABOUT TAKING ACTIONIn a way, this is a little bit of a repeat of the SF Real Estate Summit that I put on last November (with the 2nd annual event in planning..): By reaching out to those more successful than myself, and showing them the effort I’m putting into creating something valuable for everyone, it attracted amazing investors I never could have imagined!

As the list ages, I will recycle once a month.

And you can find a copy of Scottsman Guide in the recycle bin of any mortgage office. :)