Then it progressed into Cap Rate and some Tax Analysis.The first challenging topics included how to Amortize a Mortgage, understand the difference between a Simple Interest Calculation (such as GRM and Cash on Cash Return) and Compounded Rates of Return (such as Certificate of Deposit Accounts, Appreciation Rates, Annual Rental Increases).When we started economic theory, such as difference between real and nominal prices, inflation, seasonal adjusted prices, case-shiller home price indexes, etc., the concepts really became very difficult to understand.

That's just Math.Additionally, he will take a $200 per month loss in the 1st year he rents it out entirely ($2,200 expenses but only approximately $2k in rents).Let's just assume the above scenarios plays out for the entire 30 year holding period.So Kelvin will lose $200 per month or $200 x 360 months = $72,000.Assuming NO APPRECIATION, the mortgage disappears in 30 years.If Kelvin then sells the property at the same price of $250k, his return would be $250k minus $72k minus $10k for down payment = $168k profit in 30 years.Considering that Kelvin would only put in $10k as a down payment, $72k as payments towards the property over the 30 years, his investment is $82k which then returns proceeds of $250k.If we did a non-compounding calculation of ROI we get $168k profit / $82k Invested = 204% in 30 years or 6.8% per year.If we did a Compounded Rate of return, we get a 6.12% IRR over the 30 years.

Compound interest is a beautiful thing.

Patch up holes using joint compound and repair patch.2.

The built-in 3-4% inflation rate increase really adds up after several years of compounding! 

Compressor, Sawzall, 200 piece socket set, compound chop saw, hydraulic jacks, levels, pex crimper, work site table saw, multiple drills, skill saw, jig saw, and a large tool box with every needed small hand tool.

More equity mean more room to negotiate the price and terms paid.As for catalysts, multiple, compounded problems that you know how to solve is preferable.

Unfortunately the prices around me at other Self Storage compounds are $260/month for a 20x10.

Nice $$$..put it back to work quickly....The key is to keep it in compounding mode!!..

I think something no one is mentioning is the power of compounding.