I would honestly recommend using Gusto for your payroll needs- its $39 a month and $6 per employee. 

I also require tenants to direct deposit through payroll deduction or going to my bank and physically depositing rent...no alternatives.

Doing payroll for one person will take you a few minutes but paying all the taxes to the right entity will take longer so figure about 2 hours a payroll. 

Account Closed I'm maxing out on the pre-tax contribution amount every year, my employer matches 5% of my pay contribution, the markets would have to have an average loss of -15% every year for the next 25 years for me to end up with a balance that consist of just my payroll contributions.I think those numbers on the charts you're listing are for people working low wage jobs and probably contributing a few hundred dollars a month to their 401K plans, in that scenario putting 200-300 dollars a month away is something that will help but probably not going to be enough to live on in retirement.Like many have mentioned on here you have to be diversified with Real Estate and various aspects of the financial markets, If you're heavily positioned in one market or the other with no diversification you'll end up in the average pool of investors.

@Mark Danforth I think what confuses people about "AI" is when it failed to emerge certain people simply moved the goalposts and started calling expert systems and other sophisticated software "AI".

I pay Pay Roll of anywhere between $1,200 - $1,500 depending on size. plus about 3% of GCI.

Hi Patrick, A few things to think about:You'll need to find a property management company who will manage any deal that you buyYou'll need to meet the net worth and liquidity requirements to qualify for a loan You'll likely need someone with experience to also sign on the loanTypical structure between the LP and GP is a preferred return  and a 50/50 to 70/30 profit splitYou can have up to 35 non-accredited, sophisticated investors with a 506(b) offering, as long as you have a pre-existing relationshipAlso, do you have previous real estate experience?

Don't forget, that will likely mean increased security costs.Back in the day (I'd guess the 1920's through 1940's), my dad told me how he worked for the Post Office, riding shotgun on the payroll delivery run.

I would physically take home ~$200 more per month after all payroll deductions.Should I wait another month for my income to increase prior to applying for a loan, or go ahead and get approved this week as planned?

it really depends on the sophistication of your sellers..