Originally posted by @Jason Pedersen: That’s a really good, simplified explanation.

As I have said before, this is some serious mastery level economics stuff that too many on BP with no real capability are trying to sum up in over simplified explanations.

So we ultimately went with East West Bank because I didn't want to max out my line but just get a simplified HELOC with low doc requirements.

Owning properties free-and-clear reduces risk, simplifies my life, and meets my financial goals.As life changes, so will my goals and strategies.

I think he was purposely simplifying the process when he said call the 1st sergeant and his pay would be docked because the exact details of the process are irrelevant to the question at hand.  

It makes me stop and think that I might simplify things, and just buy a good property with a small 10% down and let the appreciation run its course. 

Not only does the beneficial W-2 income provide a great cushion for investing into real estate, the systems and process mindset with engineer type jobs is highly useful for creating a Real Estate Business.I develop automation systems and processes that simplify my Real Estate ventures using a number of apps and tools.

We broke everything down into six categories and used those as buckets to simplify our understanding of the business.

Scott has a good simplified punch list approach too.

Hence, why I am trying to find a system to simplify the process:-)I practice immigration, criminal, and some personal injury law - car accidents.