They are using you, grinding down on you, really with fractional reserve they are taking advantage of you, so yes use them, with respect and minimally and where you don’t have a lot of risk of paying them off because your asset is a fat cow paying you more than plenty for the minimum payments even in hard times because the rents don’t go down that much in recessions, but then get out from under them ASAP and start putting your own low risk returns into your own pocket.In decision theory you multiply all the outcomes by their probability, and the expected outcome is the sum of all the probability-weighted outcomes.

Completing goals leads to satisfaction and feeling of accomplishment.Look at your example of weight lifting.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekBiggerPocketsPodCast -I hear #136 is exceptional!

But, my confusion comes from an answer to E-Mails I get that say.  

I think their O&E's are $55 per report. 

@Bob E. 1031 is an excellent idea.

I'll gather name, e-mail, phone numbers of those interested in this amazing place in a great location.  

Schedule E. 

If it is an apartment complex, I usually do a Google search and look for a leasing phone number or leasing e-mail address.

.- The $75k remaining on the house is also just a PP&E item in the balance sheet that gets reduced by depreciation over time.- The $300 of repairs and maintenance should be expensed.- The $500 should be split into 1) Principal ($300), 2) Mortgage Interest ($150), 3) Escrow/Taxes & Insurance ($50).- I assume the $300 of principal would only impact the balance sheet and not the income statement.- I think the Mortgage Interest $150 and Escrow/Taxes & Insurance of $50 would be on the Income Statement as they are expenses that are not capital in nature?