Typically I pay a higher interest rate for the additional risk and pay for the attorney fees, but not extra points. 

Extra principal payments knocked off a year, so that’s why I’m down to five years.

And then, since I'm the contractor, bookkeeper, tax lady, and homeschool mom, I'm thinking it sounds simpler and worth the extra costs to simply let the guy stay there as a buddy, and pay him through an employee leasing service, do no rental income (or bookkeeping, or Schedule C), and just run it as a regular flip.  

He takes the bill which is in his name, divides it up, and because he had to do this extra step, charges $10.00 per tenant monthly to do this.

If you have a longer lease, you'll be committed to dealing with that situation unless you can get them to agree to move out sooner.In our leases for the extra room(s) in the house, we made sure to spell out everything such as what was common space and what wasn't.

It may seem crazy now to set a goal of $60k or even $80k a year, but I can tell you that as your family grows, you will be thankful to have that extra to do exactly what you mentioned - created freedom.

The investment also helps when it comes time to resell the property as it’s a good selling feature and one less thing to go wrong during an inspection.Keeping extra window units is smart as well.

I work full time so don’t have a lot of extra time to invest in the property.  

However he is saying it’s going to be a tough grind because its a old block house that had tons of concrete on inside walls & during the demolition the extra manpower it took...we wanted an open floor plan.

If you don't want to buy anything, attend sessions you are interested in plus lunch presentations and take lots of notes.Now, if you decide on getting any of the guru courses, many of them will throw extra bonuses and stuff at the event.