I pay down the HELOC each month and would end up paying about $2,200 in interest over 13 months + the $50k principal.

Dave has been doing this for over 50 years.

Exactly 1 year later my first tenant moved his family in where his kids and dog can play in the massive yard while raising 2 cows in the barn.

Funny story: my son the rock climber was in the Seattle area a few years ago when they had a massive snow storm with more on the way.

@Khyree RandallI completely understand how frustrating it can be when the market feels overly competitive.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.

How do you buy out over 5,000 homeowners? 

You guys have taken massive action in two years and you should be proud of that.

A slightly higher upfront cost in a better area will likely yield better tenants and less hassle over time.Investing in McKinney is a great decision, but working with someone local who understands the nuances of the DFW market can help you identify the best opportunities.

My goal, over the next five years, is to utilize real estate in lieu of my current hourly consulting income, by building a portfolio of rentals.