This house has real potential to have some knock-out curb appeal.What exactly is wrong with the driveway that would warrant demo and pouring a new one?

Look for possible value add deals and aggressively pay off at least 20% of your equity so that you can refinance into a conventional and knockout the PMI. 

Get the boy(s) or girl(s) bunk beds when they're older : ).Keep a healthy emergency fund for personal expenses and then invest your extra money and cash flow into new properties or a mix of rental properties and a target retirement fund.Over time you'll knock out personal liabilities (if you have them), create more income from properties and will be able to upgrade and possibly rent your current house.Congrats and good luck!

And I guarantee your repairs/maintenance/capex/miscellaneous will knock out this $1k.If you're talking multis, then obviously you'd probably be getting better cash flow and therefore higher taxable income.Anyway, would you mind sharing your back-of-the-napkin calculation so perhaps we could see how you're arriving at your numbers?

Upside is nice, great area, but now I need more done than I think a small one man or two man GC can really knock out in my time frame. 

I could have the slides playing on one of my screens and knock out emails, etc on the other.  

The contractor that did my bathrooms suggested I knock out two walls in the master suite to create a walk-in closet in the master and rearrange the bathroom layout.  

More to the point, do little tasks now, because once you buy in to the LLC and purchases being, you;re life is gonna way way busier than it is now, so knock out smaller easy tasks while you have the time. 

However if you are not paying rent I think you and your wife should work hard and knock out the debt.

Both these sites are mobile friendly so you can knock out a few chapters of licensing education on a train ride, on a lunch break or anytime you have a spare 15 minutes.