I read the RD PD books and I found them helpful both in motivating and in illustrating of how balance sheet and income statements work together.

Now, I didn't want to unnecessarily bring back Mexico into this conversation but it's illustrating my point so well.But again, if you buy mainly for lifestyle, you shouldn't care too much about that and you might be happy to enjoy the scenery of 1-lane Costa Rican roads.

., for illustrating why most people need the professional guidance of either tax accountants like me or financial planners like you. :)

Let's use the illustration of driving a car to help you understand the concept.

I've put a slide together that uses exact figures from two multifamily investments that hopefully will illustrate the power of the tax savings.  

I'm a Graphic Designer/Illustrator that is looking to become a full-time real estate investor.

To borrow a well used illustration...when you fly on a passenger plane you are part of a syndication...which basically means people pooling their resources to purchase something they could never afford on their own.

My loan cost illustration has it listed as "Loan Discount Fee".

Their could be all types of scenarios where you don't refinance or don't sell, but all things being even and assuming we are making decisions based on the right market scenario, you've illustrated the power of using the 30-yr. mortgage to its full advantage.I don't use 20% down because of the points charged by GSE to reduce the 25% down to 20%.  

The example below shows 7 units that rented pretty quickly, and 3 units that are down for renovations, just to illustrate how this can affect the average DOM: