The wild card is RISK.... if you pay off your primary, there is no risk Use it to buy rentals or other investments, comes with some risk.

I've been eyeing land in Central and West Texas, and they occasionally have some interesting opportunities, but some of them seem too good to be true. 

When you do it, you show your cards, but new people don't knew because they are thirsting for help and will take it from literally anybody.

Like much of real estate, it looks a whole lot better on a spreadsheet than it does in real life.It works at scale or with a lot of experience, but you are kind of building a house of cards needing everything to go right in the beginning. 

This is true if the rent pays for maintenance, taxes & Interest.If the rent pays for maintenance, taxes, interest and some part of mortgage then it's better than 24%.If the rent pays for maintenance, taxes and you have to pay for mortgage and interest the return will be close to 6%.Property taxes and Maintenance are not fixed cost they increase with time like rent.

I am just attempting to give you my view point and possibly highlight some points that may be a bit painful to hear but which are nonetheless true and which may help in the future, idk. 

The challenge is knowing if the listing agent actually tells your offer to the seller or not.For example, if a distressed property is $650k and you want to offer $620k, the listing agent says the lowest the seller may accept is $645k, but is that actually true or made up because the listing agent wants their commission?

A true Portfolio program offers a 15% Down for any SFR or up to a 2-4 Unit Multifamily but requires proof of some sort of income.

I’ve gone back and forth on doing grocery cards, gas cards, or restaurant cards and feel the discount just works better for me.

There must be an egress in all sleeping areas and make sure the listing states it's a sleeping loft that is not a true bedroom.