Don't get me started on the national debt and the amount we pay in interest each year.

They obtain and manage capital, whether it’s private equity/debt, bank financing or personal capital.

@Angelo LlamasAt the bare minimum, you should do the following to make your bookkeeping easier:- Dedicate one checking account and credit card exclusively to real estate.

Be prepared to show a lease, some utility bill, or credit card statement showing you live somewhere else.

4 houses: value $6.5MEquity: $2.8Mpositive cash flow after debt, maintenance, taxes: $2000/modo I have additional capital to add?

Though it may cash flow well based on their current debt service, when you compare the income it produces to the equity they have is it actually even a good investment for them from an ROI perspective or would they be better off liquidating and redeploying?

By the way, credit card expenses count when charged, not when the credit card bill is paid.Buy more stuff.

That will have a much larger impact on your outcome versus the debt product. 

Quote from @Collin Hays: From a macro standpoint, cash flow is difficult when servicing debt, at least in the early years. 

Best thing to do is avoid the higher DTI debt to income, claim one as investment and use the rents to offset the new purchase.