But it almost cost him, I had a policy of giving sellers a bonus when I unexpectedly hit a great score, and on his property I did, but I knew my ego was at work so he about fainted when I handed him a extra check after all the dust settled. 

If you enjoy the blog I recommend you sign up for the free newsletter as I have tons more resources coming online every week :)Look forward to seeing you around!

Well where I am in the order of "first BP people to sign up" I don't really know.  

As Ben brought up, the flexibility of interest only with option to paydown is a huge bonus factor to consider (and an ideal financing situation in my mind so long as the interest isn’t too much higher).Notes & Assumptions: Assumes no appreciation over the 5 years & CAP rate stays constant throughout.† Final value defined as = [Down Payment] + [total cashflow] + [principal paydown]*The ROR formula breaks down when you have negative cashflow since you can't pay the negative delta along the way with the equity you only realize after selling (or refinancing).

Trust me, it will be worth your while even if you are an experienced investor and don’t plan on implementing his system.My last comment is that if you get a chance, try to attend his one day workshop before you sign up for his 3 day program.

Further, if they are able to provide you with prior landlord references, this is always a bonus. 

I am thinking of doing a quarterly bonus system.  

Presuming so, I believe we met briefly on your way out the door for your 2hr trek back to Blaine; bonus points for being such a road warrior.

I could have done without the degree but it did get me a job with a fortune 500 company that turned into a pile of 90 hour weeks that got the bosses above me bonuses and me nothing but a paycheck really far below my contribution level, I started at lower management level and as duties changed or were added they never moved my pay grade up to where it was going and should be, and not even an acknowledgement of any kind  for me reversing a division that was headed south, not even a cup of coffee and thanks for the good job. 

Interest only financing eliminates a factor of equity building, (return on your investment) and that's not good.It concerns me that you mentioned appreciation twice and no matter where you buy, it should always be counted as a potential bonus.