@Alex Price, sure my investing goal right now is simply to maximize cashflow and reach financial independence.

If you make the payments out of your money, you are simply moving your cash to another location...and burying it. 

My name is Jonita Ovalles-Pecjo (hyphenated with my biological father's name who died a few weeks before I was born and my step-dad that raised me until I was 15), but most know me simply as Jae.

I simply recommend writing a nice, sincere, non-threatening letter and getting it out to the homes in your market you feel would be a fit for wholesaling. 

@Roy N. certainly has a point around commercial properties and it's something most investors get to at some point (either the property is commercial or you have your residential properties, wrapped up as a commercial portfolio loan) as you simply can't keep qualifying personally.Another option is going with a lender which is able to qualify the self-employed.

Once you reach the number or properties/CF you want or simply when you no longer want to buy more properties, then that is the time to start paying down your mortgages.

If it is a new tenant likely hood is that the landlord simply placed someone with a heart beat without screening. 

Once the property is rented, I simply cut two checks each month, one for his/her share and one for me.

And why should people who know what they are doing fall to the level of the "time wasters" Why don't the "time wasters" simply get serious?

I  have had unsolicited offers of 150k, so I am in a good position if I just simply cashed out.