After you're "living for free" with your new multifamily, and you hopefully have no frivolous debt (credit cards and loans on depreciating consumer goods), you'll have lots of free cash flow to propel your investing forward.

Besides, I manage almost everything by credit or debit card these days.

For every high school dropout that 'made it' there are 100 that have a food stamp card.

I know that's the case here in my area, and this was true in TX where I had to pay to replace a water main line.Sounds like "main valve", you mean the meter.

It happens to be true that you and I both use it.

Everyone knows that the true key to wealth in real estate is buying and holding and he shows you how to do this successfully.

I have a 01 Toyota pickup that is paid for, I am currently making double payments on my wife's 04 Nissan Quest so it will be paid off the month before I retire, I have no credit card debt, and my credit is good, I will only have approx 10k in savings at this time.

In some situations the developer is offering a true discount to today's prices by putting into the pot the savings they expect.

So depending on the nature of the property, the appraisal can give you some indication of the true value.

I dont think this is entirely true.