No folding or stuffing.

You can not grow by stuffing your money under your mattress.Your plan is common for first time investors and not really realistic.

The previous owner tenant-stuffed with substandard tenants to sell an occupied building.  

The credit bureau that TransUnion purchased had stuffed more than 3.6 million such cards into more than 400 filing cabinets.Transunion has deep data on more than 600,000,000 people.

You'll immediately gain property management experience, rehab experience, acquisition experience, and experience in assessing the quality of assets.That sure sounds better than stuffing money under the pillow to pay off debt first.

If anyone needs help from stuffing envelopes to showing/finding properties or cleaning houses, I'm willing to chip in where need be if anyone could use an extra hand (no pun intended).

and I would also remove some of the over stuffed chairs for pics too.

Even if I stuffed all my W2 money and profits from rentals back into paying off my current mortgages it would take at least 10 years.

But that's the only way to grow. putting yourself outside of your comfort zone is the only way that eventually this stuffed becomes your comfort zone.Keep your long-term goals and the big picture in mind - you are not only living for free you are also building Equity every single month.

The reason you get a mortgage is either because you haven't got enough money, or you have better things to do with the money, like buying more properties, or, if you sleep better knowing you have liquid cash reserves, stuffing it in your mattress (not really, in your mattress, but you know what I mean).What if, instead of buying for cash and gaining 10K equity when the house appreciates from 100K to 110K, you buy four houses with mortgages and you gain 40K equity when each appreciates from 100K to 110K.Of course, the inverse, is true.