Keep at it you'd be surprised how fast it accumulates.

The tenants then still manage to accumulate more of the stuff month after month for the duration of their stubborn clinging grasp upon your property until you are finally able to get them out.

Things like accumulated depreciation and future capital gains will not apply ... that "stays" with the LLC, so to speak.

Equity in your real estate is a very powerful position to be in.Over the past years, and thanks to my wife's conservative control of our cash flow, we have been able to pay off mortgages that in turn created a large equity base from our portfolio.Having a large equity is a great position for investors.Creating Equity is a great goal to aim for.With Equity an investor can:Have large cash flow Borrow against SellExchangeBlanket mortgagesIncrease net worthIncrease the quality of portfolioIdeas to increase Equity:Control real estate below market valuePay down mortgages by increasing base income flipping propertiesUse substitution of collateral techniquesApply more than regular payments on the mortgageTax Deferred 1031 ExchangesIncrease rental cash flowKeep score of your equity as properties are purchased (make it a game, a goal)Make one equity based offer a week (do this a wealth will follow)Multiply yourself by having others bring you transactions (Locators, Bird Dogs, Agents)Sell things you have (accumulated in your garage or basement) apply proceeds to mortgagesAdvertise and market your services more aggressively Charles

This will maximize your cash accumulation. 1. 

., a lovely thought, to let accumulated interest pay the fee.  

I do not have family or friends that could help (already exhausted that possibility) and I have a PT job that will take some time to accumulate the funds. 

The vacant property was left uninsured and accumulating criminally high property taxes that I was unaware of.

Consult with your attorney.Lead is terrible for children, it accumulates in the fatty tissues and can hinder cognitive development.

Hey BP,I was reading through Gary Keller's "Millionaire Real Estate Investor" book and his suggestion is to work in phases:Phase 1: Buy and live (especially if you don't have a  lot of money to throw around)Phase 2: Start flipping to accumulate cashPhase 3: Buy and hold properties to start building long-term wealthI'd love to hear other people's journey through the 3 phases.