If not, how much are you all "throwing away" on rent when those funds could be applied to ownership?

I would definitely go directly into the police department or try to get a call to make a report directly. 

They tell you right at the start in which states you can apply this freely, which states have certain restrictions and which states you cannot do this without a license. 

Timely because January 31st is the deadline.Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors2024 update: While not directly related to sending 1099-NEC forms to your contractors, you may have seen the panic on social media about every $600 electronic payment reported to the IRS under a new law.

I've been allocating based on sf used all direct and indirect costs. 

To get around this some folks will purchase the vehicle in an LLC and then sell the LLC, and this is not breaking the agreement.The same thing would apply here.

@David YoungRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You continue down this logic in later posts in an effort to establish the idea that financing a lump sum through a HELOC is better than just applying the smaller payments directly to the mortgage.

I agree with @Shawn Ackerman I would start applying the cash flow to debt pay down.!

Most hard money lenders will want to know about your track record - if you have no experience, partnering with someone who has a track record will likely be an easier path to approval (and likely higher leverage) than applying by yourself.