Stanley's daughter came out with a new book this month updating the research -- I haven't read it yet.Stanley identified several factors that keep you rich or poor: where you live, how much you spend on the house you line in, how much you spend on luxuries, how much debt you pay interest on, but I believe his most important finding is that a much higher percentage of millionaire men than normal will report on a survey that their spouse is more frugal than they are.Getting rich turns out to be very much a team sport, specifically, a team of two.

I currently have 3 rental properties in my portfolio. 2 of which still have debt.

@Harvey Fang, Main problem is that you have a 0% interest rate on your refinance loan.

From the main foyer, go through the double doors on your right and an immediate right to the stairs.

Little background on our location, we located in central Maine, not a hot market by any means but fixer upper properties are priced very low.

does this calculator combine monthly expenses and debt service?

Main problem is, there is what looks like 1-2 feet of still dark water sitting in the basement ( completely concrete unfinished basement no drywall or flooring).

As long as your not over leveraged, you want good debt on your side. 

That is a major reason I got into notes - you can profit in a hot market like now or in a down market since your acquiring the debt at discounts.

I was mainly thinking having a higher income would be more beneficial in securing loans and scaling faster, and there could be a possibility that the market would cool off by then.