DO NOT SPEND MONEY ON ANY EDUCATION YET, 95% of what you need to know you can learn for free.Step 5: Figure out how to live off W (less then you earn)Step 6: Open a savings account and put your savings into it (X+Y+Z)-W= S (Savings).  

I feel that these guys are falling behind because they are underbudgetting and do not have the accounting to support them to realize that they are not making money. 

The use of the personal loan was invaluable because I could realistically make all cash offers because the money was sitting in my bank account.

All things being equal, our banks will always take chances to make more money and our government has set the precedent that they will not hold the banks accountable.

Also, If you get a good quality tenant they will pay direct to your bank account or mail you a check monthly.

Also, can you have a dual account with both an IRA and IRA Roth?  

I currently am working on funding my emergency fund account with 6 months of security.

Some tenants go directly to my bank and deposit their rent directly into my account. 

ThanksHey in Ontario you can use mongohouse.com just make a free account and it gives you access.Another one is housesigma.com

To me, the NOI and cap rate seem low especially after you take into account a debt payment for the property.