Maybe I need to exercise my muscle of understanding debt better.  

However in order to build a portfolio you are most certainly going to need more than one loan.So, my twofold question is: How many loans do you currently have?

Since you don't live there you might need to be more stern with that neighbor, don't know if they are friendly or not, but if not, lower the hammer and set the tone for the relationship of being business like as you have a business setting there, bad neighbors can hurt your rentals.

I do this and it generally sets the tone when people move in.

I like the motivating tone!

Now the dirty cloud of name calling is dissipating into the atmosphere let's see what we can do.You seem to need a bit of gap funding, provided that you can be certain that your permanent funding is on the way.

This sets the tone that hey, if you hate it so much, you can leave, you aren't trapped here.Hope this helps!   

Believe it it not (especially since you say they are friendly) they may understand and tone it down.

Another servicer was talking about 9000 properties that were going to need assignment within the next 3 weeks (more than just local denver of course, but shows there is alot of property 'on the other side').That and the county auctions (Denver county) went from 15-30 per week up to 2-300 a few weeks ago, back down to 75 or so, but thats alot more than 15-30.

I have to agree, if you're going to need 4 years or so of experience working as an agent to get your Brokers (so you can have your own business) then you should get started ASAP.