I came from doing everything self motivated and always had a battle with all the things i do in life, and continue to try and cultivate positive self-belief.

I am curious to know if the proximity to Pennsylvania itself is a crucial factor in renting out the property, or if it would be equally viable to invest in an area further away from the city (with a 1-hour commute time, as opposed to a 30-minute train ride from Haverford).I would greatly appreciate if anyone could provide information on the actual rental prices for an average 3-bedroom house in these areas.

The only difference is that there might be an explainable rationale for holding on to a property, such as a well-founded belief that equity gains are coming (such as owning a house in a rapidly growing area or property where the next commercial boom is headed), whereas with gambling your odds never change regardless of your losses.

So rather than look for 6 properties which each provide equal cash flow and appreciation, the investor can increase the total return of his portfolio by buying 3 properties with primarily cash flow attributes and three properties with primarily capital appreciation attributed.  

As a side benefit it makes the properties judgement proof as the lien is equal to the value. 

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

A cash out refinance offers a lower rate versus a Heloc so a longer term and a lower rate equal a lower payment.

@Courtney HamiltonI have found that my rental listings are no longer Auto pushed to Zillow even though Zillow generates by far the most traffic for a rental listing almost 70% of the leads are from ZillowWhen you do your market analysis I would highly recommend pricing your property $50 below your competition because best products and best price equals the best tenant.

It is my belief that the rent to purchase ratio has never been worse.  

A 72-T exemption known as a Substantially Equal Periodic Payment (SEPP) is a pretty rigid agreement.I don't think you will be able to accomplish the rents-only goal.