Then there is continued education - I just had to complete additional 18 hours of CE.

If you have free time as mentioned, there are plenty of additional ways to come up with $25k.  

a few comments:-i think property management in indy is typically 10%, but if you already have it lined up at 8%, then great-most people i talk to put vacancy at 10% as well-are you putting any additional money intoimprovements?

Just make sure with your broker you know whether the umbrella is in addition to the underlying limit or its limit is less the underlying limit.  

My credit is great and I have additional w2 income as well.

If the appraiser used different comps have your realtor submit any additional comps and include a list of repairs/upgrades that you made to the property.Good luck!

Then on top of that they charge a 7% Commission (that would equate to additional $26,250).

Additionally, since I was going in all-cash, I could offer seller financing to a potential buyer if HOA assessment delinquencies presented a problem with bank financing.

I'd like to collect rent on the 1st and then pay the mortgage on the 7th to prevent the lag of pulling money out of my property account just to put it back in within a day or two, but I want to make sure that my interest won't go up in the 6 additional days if I pay it on the 7th.Can someone let me know if that makes sense or if I'm misunderstanding how mortgage interest is calculated?

I purchased the land with the intentions of building additional duplexes in the future.