I don't have any lawyer contacts but if you're ever in need of a new project let me know! 

The overall goal is financial independence and educating and setting my boys up for success in their futures.

I'm in escrow on Indy SFH#3 - projected cash flow is negative - $100 or so with these interest rates.

If you move the range, you'd be replacing the countertop and also installing real drawers, which is a big project. 

Leverage is dangerous because using it wildly on bad projects causes the project to become even more bad.  

What is the annual revenue projection? 

Is it in the path of progress at all, what's the tenancy, what does future cap-ex look like? 

This is the more conservative approach, and this mindset will pay dividends for you in the future.

Any land held for potential appreciation, for farm usage, for its raw materials,  or for potential future development can qualify.

While it would be nice to sell without having to worry about cap gains at that time I'm looking for cash flow in my portfolio and with the renos this property should provide years of low maintenance rental income and a nice bit of equity we can draw out for future investment.