However, you should expect a hit to your credit score to affect the interest rate you are charged on your credit cards, even your joint credit card accounts.  

You'll have to judge if your tenant is the sort of person who even has credit cards, cell phone bills, utility bills in their name.

Their business card will have business (only) number and probably a P.O.

During the first day they had him raise the credit limit on his cards to $50k, what a coincidence...

Even if the bank doesn't require escrowing those reserves they should definitely be set aside as you go along to avoid having to put a new roof or something on your credit card because there's no cash available.

With cash payment, we provide tenants with a deposit only bank card and it is their responsibility to deposit their rent via ATM or at a teller.

Making mailings is one way to find good deals, but the return on a mailing is very low and expensive.Doing a mailing campaign is a passive way to market for deals - If you want to accelerate your potential to make money in this business, I would suggest using active marketing ---Farming - looking for vacant, ugly houses - tracking down the sellers - make an offerSit in your local rent and housing court - no body wants to be there - great place to find burned out landlords who will be glad to discount their property to youExpired listing - these are sellers who have a property that did not sell - you can make their dream of selling a realality and profit at the same timeRather than licking stamps, designing silly yellow letters or post cards, stuffing envelops, buying postage, running to the post office or sitting home waiting for the phone to ring -- you'd be lot more successful by entering your market and doing peo-active marketing for the gold nuggets you are seeking.

Good on you Steve.... the refi to you die mantra has gotten many folks in trouble.. there is absolutely nothing wrong with free and clear assets.. sleep well live well..... its one way to really scale up when that big deal comes in. .your balance sheet looks super strong.. your banker see's you have a combination of TRUE equity and your not leveraged to the hilt.Its the same concept of paying off 15 to 20% credit cards.. for me perosnally with auto loans at 2% no need to pay cash for those like I always did the last 30 years... and for personal resi with 3% money no need to pay that off although my LTV s are all under 50% and I always have that 500k of tax free I can tap if I want to decamp to retirement land..

They do have national speakers who will try to sell you a course, but just leave your wallet at home and bring your biz cards for networking. 

They're scary and some are smart enough to sue you because too many cockroach lawyers go there and hand out 2 cent business cards.