It is mostly about diverting your attention from where you make your money.John CoreyPS.

Basically, if you have 2 homes on the neighborhood that get investigated several times of the year for illegal dumping, abandoned vehicles, vacant board orders, or high weeds/grass... it's probably a more distressed area.I also walk the street on Google Earth to ensure that I'm not across the street from a metal recycling facility, railroad tracks, waste water treatment center, landfill, trucking warehouse, etc.Another interesting look is to use Google Maps to find all of the Starbucks in town.

In this case, you can estimate the long term historical appreciation rate by computing CAGR over multiple decades (spanning multiple RE cycles) and then understanding the driving fundamentals of supply and demand and if they are persistent or not. 

Even with the current setup, if you did a simple refinance (which would fully pay off the HM loan) and weren't able to pull out any additional funds, would you be able to have that HM lender do another deal with less cash out of pocket and keep recycling like this? 

Accounting would be good if you're a numbers guy and can afford the cocaine you need to get yourself through it :) jk.Even if you get your degree in a totally unrelated field to RE, you can STILL be a success in investing, and that's by using your ability to recycle all your profits back into your investing.

Just recycle them.

Called the metal recycler and he hauled it away.

It is 100% recycled pvc, so it is highly resistant to water and other spills.  

It's a way of diverting back utility costs to the tenants.

by accounting for the portion of her rental that is used for occasional business at home and that it exceeds 600/yr so she needs to issue owner a 1099. she also mentioned not wanting her rent to go 'under the table' and that she doesn't like the idea of any secret slumlord diverting her rental income overseas tax-free maybe even for terrorism back home.cringe and she already signed the contract and was given the keys!