Companies continue to flock from the west and east coasts to this area.  

Rent is just continuing to rise in the area and could easily be $1500-1700 in a year or two when I might move out.

I am eager to continue learning and I know that Bigger Pockets will be a major part of helping me attain my goal one day.

Its as if you are making a payment from the corp to yourself and it is considered a cost of operations?

I have been looking into buying one of the multi family buildings and putting it back into rental shape and be able to continue and do it over and over to help these neighborhoods not only have great affordable rental opportunities but also to have a brighter future that I can be a part of.

If you have a good agent, then they should know how you like to operate.

Congrats on the rental.to continued success...

Knowing the ins and outs of the numbers and tax consequences of owning real estate, as well as the realities of rehabbing and the construction industry in general will no doubt set us up to be successful if we continue to work hard towards our goals.So far: We moved out of our personal residence (SFR) in March of this year, and purchased and moved into a duplex on the other side of town.

What are your thoughts on the pros/cons of making another principle payment with the extra cash from your roommates rather than using it to pay for the operating expenses and capital and living for free that way?

My wife and I own and operate 81 units.