She is making every effort, finally, to fix the gigantic mess so she doesn't lose her Golden Ticket.

You will find that investing year round is popular in the area.

Here's an actual property I'm looking at with rounded numbers to make it easier.TRADITIONAL.                              

But mine tend to be more nontraditional students that are more mature and year round, often working (like you!)....

I'd rather be more free and have often had tip paying jobs, and seasonal positions and independent contractor titles.I thought that internet marketing with Anthony Morrison, and doing Wholesaling was my ticket. 

#'s on the IRS Sched E  (rounding for easier math)  (He does not have mortgages on every property - just the 2 shopping centers)------------------------------------------------------------------------Prop 1 - Shopping Center 55,000 SF$110500                  Rents (states if full should be appx $264000)$36700                    Earnings after op expenses  before Dep & Mortgage Interest ------------------------------------------------------------------------Prop 2 - Office Building - 12,000 SF   (I believe he occupies about 1/3 of it but will move out -- he does not pay rent on this portion of course, uses it as a writeoff)$22200                    Rents (says if you lease space he uses income would be higher)$8075                      Earnings after op expenses before dep &  mortgage interest-------------------------------------------------------------------------Prop 3 - Restaurant & Offices   (wasn't given sq footage)$11400                    Rents  (says it should be appx $18k)$2000                      Earnings after op expenses before dep & mortgage interest -------------------------------------------------------------------------Prop 4 - Shopping Center I believe...unk sq footage - didnt get a lot of details on this one$72000                    Rents - unk if it should be higher$24400                    Earnings after op expenses before dep & mortgage interest--------------------------------------------------------------------------Prop 5 - Restaurant - unk sq footage - got the impression this bldg was near the end of it's life - said best thing is at some point, scrape and rebuild - this may be a national restaurant and for the most part a NNN lease - made the comment every couple of years they tell him what they will renew the lease for.  

I never offer big round PFA numbers.  

Hi Linda:It would make the most sense to locate the property(ies) that you want to purchase in your first round of acquisitions prior to funding the refinance on your primary residence if you are worried about carrying the interest with no returns. 

You also want to make sure big ticket items (Roof, HVAC, etc) are in good condition.

"Honor among thieves" doesn't apply with these people: They'll cheat anyone, even close acquaintances, if they think that they can get away with it.