Assuming your debt is SUPER cheap and only costs you 12% you’ll save $22,800 TAX FREE  So the combination is saving $60k at 12% (or more) is $7,200/yr and $130k in the bank at only 4.5% is another $5,850/yr  so you’re over $13k GUARANTEED instead of a chance to make $7,200 before taxes  

This is also on the heels of their update call last night where one of the focal pitch points was discussing the "millions and millions and millions" liquid in place to purchase more properties.

I am kind of new to real estate investing as I got lucky the first two times but now I am looking to invest quite a bit more money and I am slightly terrified. 

A lot of the questions you asked you will have to learn by diving in, and learning hard lessons.

HI, I own a part share of a nice recently renovated house in North London, with other members of my family owning the rest, left to me in my fathers estate, with probate granted in 1999, as a tenant in common.

My plan is to live there for a year then move out and rent the 4th one.  

Do you work with out of state investors?

Or an investor who owned one of the houses they rehabbed and sold? 

I know that if a cost seg, l would need to back that out of my California return.Your answer seems to confirm what I suspected.

@Shaun OrtizMy first deal 19 years ago started as kind of a mess, but I got it cash flowing after a few months.