I think understanding the balance between active W-2 income and passive income is important.

Looking to balance Keeping It Simple and being on top of things.For years, we used Ally.

It's a balancing act.

I hung on the cubicle for balance with my head down and kept muttering to myself, no door, no door.

This transactional lender puts $40k in the pot (for some return which I am curious what they were promised) to get it back at closing as part of seller/lender#2 financing.At closing the first lets say is owed $50,000 so the $70k covers the first balance and closing costs.

That's the tough part...we really like them and want them to stay, but we got creamed on taxes this year, so we do need to charge more to make it balance.

Details2,819 SF, single family residence, 4 bedroom, 3 bath house, with a poolThe house is in a very desirable location.Market Value - $950,000Mortgage Balance - $226,137 (10 years left)Martgage Payment - $2,250/moInterest Rate – 3.5% Average Rental comps - $4,430/mo (looking at the comps I think it is above average)It certainly looks like it would cash flow, but that leaves buying a new house with a small downpayment and high interest rate.

We put 5% down using an FHA loan and currently have an outstanding balance of 450,063.We have a PMI payment of about 300.00 per month. 

Instead of going the attorney route, I ended up working with National Debt Relief, and it was actually a game-changer for me.They handled all the negotiations with my creditors and were able to reduce my total balance significantly.

You still want to know the balance sheet, rent roll, and expenses, but most people who talk about CAP a lot are over-using the metric and not seeing enough properties in real life.