This book definitely shows the "slumlord" mentality.

I also added in federal income tax and the cost of health insurance.  

I honestly believe building habits of this form will allow for me to have the mental ability to go through real estate deals.

That is when they start to call inspectors, health department, lawyers, etc...

Ok, I've done a lot of reading here on BP and I have some sort of mental block because the refi part is just not sinking in to me.

@Marcus Auerbach I was happy to see the other day some of my tenants on the north side of Milwaukee with Christmas decorations as well as adjacent neighbors.I've always had this hunch that it is a good sign of the health of the block - it shows folks taking proud in their home.

Currently, I have no for sure way of funding a deal but I took the chance anyways on sending out the letter and I think that's been a big mental hindrance for me because I just don't know how I'm going to pay for a deal if I were to get one.6.)

Now that I have written that down I realize I need address that mental block.

It's hard for me to let go of the mentality that saving for my 401(k) now is "more important" than paying off debt.

Third my rentals are on wells , no electric , no water , they cant flush or drink or wash , health dept problems .