Is your goal leverage to buy more investment properties or maximize cash flow by paying off all mortgage debt? 

In this way they are able to accelerate buying properties and investments versus doing a one off syndication every time they want to buy a property.Example if I want to buy a property for 10 million with 7 million debt and 3 million equity and I do a one off syndication then I have to raise up to 3 million for the equity.

@Bryant PryorYou can help this seller even if the debt is high.

Congress wants to eliminate 1031 tax loophole.

Since SSA is actuarially neutral, there's no reason to delay entitlement, especially since it'll only pay ~75% of current benefit ~2032, if not reformed.While this seems to eliminate flips, thought I'd test the waters here for ideas on how to keep flipping with compensation, without triggering trouble.

At 20% vacancy I can cover debt service, put funds in reserve for cap ex, and still have a decent income. 

This was an awesome time to come across the deal because my debt to income was still in good standing.

When you deduct debt service “mortgage/loan” from the NOI it = cash flow..

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

Experienced investors have stopped borrowing money and are paying down their debts.