I just wish I was more aggressive in getting the unit across the hall.

At the end of the year when you do your taxes your interest will come back into play but is calculated outside of the OE.A couple of more items to take into account are:LandscapingTrash RemovalTermite and Pest ControlFire and Safety Inspections (Fire Extinguishers and Smoke Detectors)Supplies (Office and Maintenance)Never assume a vacancy rate.

There's plenty of intelligence in the world, but the courage to do things differently is in short supply." ~ Marilyn vos Savant 

Go talk to your builder's supply company.  

The landlord is now required to supply birthday cakes (not vanilla) for the tenants.  

The lower the inventory %, the demand outpaces supply and apprecation will take place.

WOW, you guys are much more aggressive than I.

This is also the "rate" you get while you are saving for your down payment.Mortgage requires 25% down, 20 year note, 8.47% interest (avg for last 30 years)Goal is $100/door cash flow to start so CAP rate is 10.2%S&P 500 Compounded Annual Growth Rate is 11.4% (avg for last 30 years) and you don't pay any fees.You get a 75% match of your savings in the 401(k)All rental cash flow is plowed back into the business (just like reinvesting the dividends/gains received in the 401(k)) to make this an apples-to-apples comparison.After 10 years:The 401(k) would supply you with $843 of monthly incomeRentals only give you $371 of monthly incomeAfter 20 years:The 401(k) would supply you with $3,886 of monthly incomeRentals supply you with $4,209 of monthly incomeAfter 30 years:The 401(k) would supply you with $13,963 of monthly incomeRentals supply you with $34,426 of monthly incomeWhat's really cool is the Net Worth of the investor.

To give you an idea of where I am at: I've been aggressively learning for the past 6-7 months about REI.

Write goals for as many areas of your life as you wish; or just pick one:o Family & Friendso Personal Growth & Developmento Physical Environment (like a home office, for example)o Health / Fitnesso Contribution / Givingo Fun & Recreationo Significant Other / Romanceo Career / Businesso Financeso SpiritualityWork backwards.If you are going to have 100 units in 5 years (disregarding the organic and natural momentum), figure out how many per week or month you will need to accomplish the goal.In this case, 20 per year.If you need 20 per year, that means you’re looking for (approximately) 3 units every 7 weeks.Very aggressive, but totally do-able.Once you work through this process, your notebook will be extremely messy.Write it all down again, taking out all the messiness.Now you have your goals list.