Regarding the 50% rule (and note that 38% will be adequate if you entirely self manage, saving 10% PM and 2% average leasing fees), and what others you know are stating they've experienced: Unless they've really crunched the numbers, I don't think most people really know the percentages, and will guess on the low side.It's not as simple as going to the tax return and taking a look.

Regarding paying off the debt versus investing, I did a bit of number crunching.

I can crunch numbers, forecast and project like a machine.Of course, I have plenty of weaknesses.

I am reading and learning about crunching the numbers when the right deal comes along.

You have to crunch the numbers.

Even before crunching the numbers, I strongly recommend against this.Virtually all mortgages have a clause which states the mortgage will come due if the property changes ownership.

And if you really crunch the numbers it is almost as fast as continuing to acquire financed properties after you've picked up #17.

Hello Dawn,Those are excellent ideas.I have been practicing crunching numbers for the 50% rule.

If they rent for $1200, I'd might keep House #2 and, depending on repair costs, sell House #1.Crunch the numbers for all possibilities.

At first I said no its listed and would rather sell and now its getting to be crunch time and decided that it's something we should look into.