I'm planning to call the County office to get more details next week but wanted to tap on to the infinite intelligence (those who read Napoleon Hill, you know what I'm talking about) here at BP.I will really appreciate your response.Regards,MV

It sounds like you're going about things very deliberately and intelligently.

All the background work that is done to be even able to start a job takes time, patience, intelligence, hard work ethic, relationship building, trustworthiness, etc.

Cris, I could not speak intelligently on those areas, as they are not where I focus.

In my view paying down or completely paying off a few of the better performing properties in this portfolio may be the least stressful option and would increase cashflow.Another thing I'm curious about is this "ghost cashflow" or "artificial cashflow" as you put it.

By the way, IKEA has a one-year full refund guarantee – go figure.Yes you will have paid some “tuition“ but have avoided paying for a full-fledged renovation, gained certainty, and you’ve gained a lot of intelligence: is this strategy feasible, how does the area react to short term rental, is this a viable strategy to think bigger not just for this investment but for future investments.Let me know how it goes ;-)

Subtract from that $500 your expenses on a property and you will have negative cash flow from the property itself = liability.One could give a value of zero to your cash to artificially increase the cash flow from the property but what investor would place zero value on their cash.

The mortgage guys really hurting are the ones that built their practice on the low hanging fruit house of cards of artificially low rates, which is rate and term refinance business from a call center cubicle thingie.

Being able to speak intelligently to buyers and sellers about the local community and market, the up-and-coming areas, etc. always beneficial.

Im intelligent enough to know saving money will not get us to the goal we have.