Then, determine the burn rate the equity is decreasing due to interest, late fees, foreclosure (if any), taxes, HOA, etc. the burn rate is provably higher and faster than owner believes.Equity can be traded for something else, too, such as a car, rent, note on another property, etc. 

Now they are raising at a faster clip which can eat into your returns even with no leaks.24 units make sure you own locally and not out of state unless an A class location and A class tenant base.

The faster you can get out of the debt the better for you AND your family.Maybe you could do some Uber/Lyft driving for a few hours on the weekends.

That may be a faster path to becoming a millionaire.

To me it is a faster way to add to my ira.  

But I found a deal faster than I could raise funds, apparently. 

You'll begin to learn new markets faster. 

) I now love the extra pressure that is given to me when I handle projects because I feel it helps me grow faster and better in this industry. 

Tighten it up faster if you think there is risk of that.The fee is nice because then there is some income with each turnover to help offset the costs that happen no matter how smooth the turnover.  

He also said that he spent an additional $25,000 than originally planned (that's already included in the $110k mentioned above), because he could afford to hire out coworkers to get the job done faster and decided the money was worth spending.