I am, however, thankful for that first property because it enabled me to become a more savvy investor and more efficient and effective landlord.It is far better to make a big mistake on a small investment (duplex) than to even make a small mistake on a larger scale project (apartment complex).Where is your property located in Columbus?

This enables you to reuse your cash to generate additional returns from another property. 

That should enable us to continue even if I deploy. 

@Sandy Uhlmann you would need to consult an attorney about that but keep in mind an MLO only costs about $350 and it's well worth it to have a solid note deal that will hold up in court or enable you to sell the note later if you wanted to.  

I wrote a real estate plan that will enable us to buy this ranch. 

In order for appreciation to continue at that rate there have to be a corresponding increase in wages and wealth in that area that will enable people to be able to afford those prices.

Most all banks will also count a portion of the rents of the occupied units if you buy a 2-4 unit towards your DTI so that can help offset the student loan debt in your DTI to hopefully enable you to qualify for a mortgage once you graduate. 

Any suggestions on a transaction management software system that would enable us to go paperless.

-Direct Deposit/Bill Pay-Lifetime cap on interest rate is often half of a traditional HelocInvestors love it, as it enables them to be there own bank.

That enabled us to get him in a property that needed minimal updates, met all of his needs, and gave him the amount of character that he was looking for in a home.One of the things we did with John was talk about how long he wanted to live on the property.