My current tenants in that home are totally awesome.

However - this decreases the total amount of conventional mortgages you can get if you did it separately.

totally ineffective strategy.Is there something I should do.thx russ

Here are the numbers,Purchase Price: $165,000 as-isFinanced: $123,750 (25% down, couldn't put any less down with a conventional lender)Mortgage Rate: 5.25% (no points); 5.35% APR -rates are on the rise it seems.Estimated closing costs: $4,500Initial cash invested: $46,310Gross Rent: $1,725 ($875/$850)Operating Expenses: $815 (includes mgmt fees @ 10% & capex of $275/mo)Cash flow: $140.77Principal reduction: $142Cash-on-cash: 3.65%Total ROI: 7.4%Possible near future repairs: Roof (Estimated at $4,000); windows (Estimated at $5,000). 

"Total "all in": $50,000 (fully financed, 15 year note, 5%)"What does this mean?

Well, not much of a wreck (I still went skiing), but it doesn't take much to total a 16 year old vehicle. 

Any repair/install/asset for IRS purposes is always the total cost it took to get the asset and put it into service. 

The public records will show the total amount of the loan, but not the outstanding balance so they won't know if you are leveraged or not.

If you purchased multiple cash flowing properties and held them for long term your equity build up and net worth will far out perform a cash buyers.Last, your total cash payment could be used to purchase a larger or nicer property giving you a greater return (if purchased correctly).

For agents that only do 1-2 transactions per year, it will take a long time to complete.In order to get the designation, an applicant must meet the following portfolio experience:-Three (3) or more qualifying activities totaling $30 million or more; or-Exactly ten (10) qualifying activities totaling $10 million or more; or-Twenty (20) qualifying activities with no dollar volume requirement.In general, designations don't increase business, they increase the level of competency.