@Gregory SchwartzHonestly, I've always taken that as a "big business" concept, say if you were running a hotel and not a residential property. 

Started my 2nd flip today with my partner. 3 bedroom 1 bath 1000 SQFT adding 200 SQFT addition to make a 3 bedroom 2 bath with open concept. 3 months to complete the project. $20K purchase. $65K rehab.

How can you possibly think that.So for you or anyone to start digging into the depths  of the abys to fish out A scenario where internet or SEO is not well suited for that small group is really simply trying to win an argument instead of  researching the validity of a proposed concept.

Learn from them everything: concepts, terminology, jargon.

As I wasn’t bornwith a silver spoon, in my mid-to-late 20’s, Personal Financebecame a passion of mine (my money working to make me more money…who doesn’t love that concept).

I understand the concept of leverage- using someone else's money.

You're correct, keep them separate and your life during tax season will become much simpler. 

I agree that those dollar amounts sound high based on your simpler situation at the moment.

I am an engineer, so I am analytical and am a huge proponent for having systems and SOPs in place to streamline processes and create a reproducible product.This "one-sheet" concept is new to me, but it makes a lot of sense to have something like that so that your criteria is set and specific.Regarding deal analysis, I have been using J Scott's SFH Rental Analysis spreadsheet to practice analyzing deals.

@Dean B. there is not a lot of benefit to buying a bunch of SFR's, but that is just an opinion...I recently sold an 12-property portfolio of SFR's and the buyer was perfectly happy with the purchase...me, I would work on MF acquisitions solely...it's really the concept of scalability and ease of management....one location, one roof, one property manger...I own both...the SFR's have been stable and perform well...but nowhere near as well as the MF formula of improving condition, increasing rents, and reducing operating expenses...it's simply magical and doesn't exist with SFR properties.