@Jason Lees thought is valid. 

Monthly Operating Expenses 2,208.33Net Operating Income (NOI)Total Gross Annual Operating Income 65,280.00 Total Gross Annual Operating Expense 26,500.00 Annual Net Operating Income 38,780.00 CAP RATE and VALUATIONDesired Capitalization Rate6.27%Property Valuation (Offer Price) 618,500.80 Actual Purchase Price 749,900.00 Actual Capitalization Rate5.17%SHORT TERM RENTALMONTHLY OPERATING INCOMESTRNumber of Units 8 Average Monthly Rent per Unit - STR 2,000.00 very modest estimate Gross Monthly Operating Income 16,000.00 MONTHLY OPERATING EXPENSEProperty Management Fees 600.00 Repairs and Maintenance 1,000.00 Real Estate Taxes 2018 records 1,095.00 Rental Property Insurance 480.00 Homeowners/Property Association Fees Replacement Reserve 51.00 Utilities - Electrical, gas, trash, water sewage, internet, cable 4,080.00 Pest Control?

As you get older, have been investing for a while, and your risk tolerance changes, MAYBE it makes some sense to have some paid off properties (there are many on here that will make this argument, and it can be viewed as a valid one), but until then, when you’re in GROWTH MODE, I don’t think it makes sense to prepay the mortgages.

I work for a general contractor but also constantly looks for opportunities to meet contractors...gas stations...doing work around the neighborhood...Instagram.

., well you need to validate it. 

I reviewed the website, ran financial simulations to confirm the ROI’s, talked to John Majalca the business owner on the phone personally, contacted three references he provided which gave him validating reviews, and checked on BiggerPockets to see if there were any reviews here – but there were not.It all checked out so I pushed forward with an initial investment on a home in Fall 2018.

This is a major attraction for tenants.The building only has 1 meter for gas, electric, water so I will be responsible for this expense.

Do you have natural gas piping to your property because that is the least expensive way to heat with the exception of solar or some sort of rare underground thermal heating.

Another time they forgot to pay the gas bill so they didn’t have any hot water for a few days.

It said *** gas or grass Nobody Rides For Free