That is to say, you would be forcing yourself to save the money each month by having to pay off the HELOC, if you want to get it paid off in 27 months, and the additional $220.00 per month is a bonus.

Gave my housekeeper $1,000 bonus for connecting us.

I'd love to file a complaint against Scott or whomever with the REA as a test case.Added bonus - You'd shut me up.

Once I get a handle on things and have a few months under my belt, I plan on handing it off to a bookkeeper, with the bonus of understanding what is going on behind the scenes without doing the work.The runner-up:- Lessaccounting.com was a close second, and I played around with it for a few hours setting up my books.  

As far as suggestions, I would listen to as many BP podcasts as your time will allow, bonus points if you read their books also.But at the end of the day, make sure you take action.

They usually take 25k-50k capital investments and the tax advantages are really nice as well due to the bonus depreciation. 

It’s not a bonus, it’s very important.  

Find someone well versed in working with individual investors on real estate transactions, who understands asset protection, and as a bonus, does tax law. 

If I get appreciation that’s a bonus.

My organizational and analytical skills make me adept at analyzing deals, while my experience in cleaning and prepping houses for new tenants/owners is a bonus.