@Russell Brazil  YUP exactly right the agent write the contract  no charge they get paid for a closing.and a good agent or higher producing agent the title company just writes off the title report..

@Jonathan Trimboli In regards to per LLC Distribution, you should also look into these threads: - separate-llc-vs-one-llc- break-portfolio-into-multiple-llcs- should-you-form-a-llc-for-each-individual-rental-propertyYou should look into Series-LLC and see if that's an option for you - then you don't need to worry about this question, as you can place a property in its own children Series-LLC that you can form when needed.As for distribution, you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate from the ones that barely produce- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation + how-many-properties-do-you-have-in-your-llc

You need to get enough to cover the mortgage payment, property taxes, insurance as well as producing some cash flow is the ideal situation.However with that being said, I know some other investors that have included utilities built into the property as well.

 @Abel Marin Simply put "Hard Money" is a loan against an asset without going through the standard underwriting procedures that conventional loans offer.

One thing you can do is go to biggerpockets.com/calc The calculator tools are great and will help you to produce a professional presentation.

Having your IRA own a stable asset that produces consistent income might be better for the IRA than investing in paper assets that shift in value with the news cycle.Comparing an IRA investment in real estate to a personal investment in real estate is comparing apples and oranges.  

@Michael KiefferThe duplexes produce $15,600 in the rental income each month, and could be increased to more than $18,000 if brought up to market rents.The net operating income is $7k.

However I think paying it off earlier will hamper my ability to invest and grow other income producing assets.   

I am broke now, the difference is,  I did not have assets to pull out before, now, I am broke because I bought too many properties, some none cash producing, but I know they will soon. 

Great question Aaron, $10k / month would need 1.2 million of equity earning 10% or about 1.7 million equity earning 7%.I think your first step is to educate yourself thoroughly on different passive investments that produce consistent income.