After you have some investing under your belt at that point you can evaluate whether continuing to build the 401k is the highest and best use for your money.

I would get the inspectors out first because it is cheaper to have them evaluate every step than to complete the home and then they issue a fine or reject the work afterwards. 

Of course they don't do this for anybody we were top log suppliers to Menasha in the 90sThen there is the tracts that we could short plat  IE create 4 lots... again value add.. buy right off of MLS  log short plat and sells building lots.. between these activities we also did very well.. the neat thing about logging in our areas Permits are over the counter and your good to harvest in 3 days. 

I'd love your feedback in determining if this is an area of need and what your evaluation process is in bringing on a 3rd party to do these things for you.I wanted to avoid making this seem pitchy as I would really love just honest feedback so I can figure out how to better assist real estate agents with my skillset.

I have been taught how to evaluate commercial deals from Jeff Greenberg (who was on BP #115).

@Peter Pearson I'd love to share my notes on how to statistically evaluate an area for investment using Temecula, San Marcos and Fallbrook as examples.

Luckily I believe I have found two realtors who understand my needs, have identified areas were they operate in/focus, have given me valid evaluations on properties that I have asked them to review and have identified several properties for me to review that are within the criteria we have discussed.  

I'm just not entirely clear on the step by step process that you take after you get something under contract.I would love some help with some kind of formula or evaluation process for sorting deals.  

Once you have that under wraps, you can look at deals with a calm mind and properly evaluate the deal. 

@Seth KitchkaAnd the 2nd part to your question - yes every month you'll need to enter the mortgage payment by hand, however as we've alluded to - doesnt take much time at all, even if you had 15 mortgage payments to concern yourself with.You'd just go to the corresponding bank accountVendor -- XYZ Bankchoose the property the payment corresponds with for each of the items belowthen the breakdown of the payment Interest   150Principal 250Escrow 100--------------------At the bottom of this entry Buildium will automatically add everything up for you - so just make sure it matches what your payment was for the month -- you'll simply have to refer to the mortgage statement every month to do this - no big deal if you can log in to the mortgage account online.