Be prepared to go the full round for the knock-out.

Problem with vinyl is it warps from heat, wind blows off pieces, balls hit it and lawn mower and weed eaters eat up the bottom portion and knock out pieces.

Trust me, just clear the place out, get as many guys in there as you can, and knock out the project.

Was wondering: Let’s say I can live on ~$17,000-$20,000/yr Let’s say I purchase a $100,000 property and I knock out the mortgage in two years.

My 2024 goals are below:Mind- Consistent 10:30pm-6:30am sleep schedule (No screens after 10pm)- Meditate and journal 4x/week- Read 4x/week Body- 2x2x2/week: Cardio | Weightlifting | Flexibility/mobility- Knock out the Murph Challenge once a month (start with mile run, 100 pull-ups, 200 push ups, 300 squats, finish with mile run)- Get a full panel blood and gut health testBusiness- Net income exceeds $10,000 per month, which comes from my short term rental management/cohosting business, Host Del Casa- Host Del Casa helps 10+ good people/partners 2-5x returns with short term rentals - Purchase another investment property

Since there is usually a one year requirement to live in a home with an FHA loan, living in a multi-family property for a year while I attend school would be a perfect way to "knock out" that one year. 

Our ultimate goal is to hit our target # of properties - at this point it's 20 but ask me next week and that could change - then reverse snowball to knock out the loans until we own everything free and clear.So leverage helps us hit our goals now, then we'll use cash flow, our W-2 income and other streams of business income to knock out the debt and have the option to live off of the income of our properties.We're actually closing on a turnkey property in the next week (figured I would throw in another controversial topic, as if DR isn't enough for one thread) and we'll be using leverage out of the gate for that one.  

Would you put all funds towards down payment on property or knock out debt and then proceed w/ down payment? 

You now have 7 days a week to knock out these properties.

But nobody's up on the roof with the roofer, so when he comes down and puts on a serious face and tells a homeowner that an entire roof is shot, the homeowner will, nine times out of ten, nod along and help the roofer knock out his own mortgage for the month.So what you end up with when you buy an elderly property here in western PA is often a roof with two layers of shingles, one side with one good layer over a primary layer that's still good, and one side with two somewhat beat up layers.