You can get a price reduction b/c of the roof, and if you buy in a city/county w/ PACE financing, you've got the roof financed with $0 out of pocket.

The ownership and increased occupancy would give you principal reduction, future cash flow(maybe) , equity buildup and additional tax benefits for 2nd, 3rd and all years thereafter.

The general area has an average increase about 4.8-5% with 2 br seen a reduction of -5.3%.

Barring a big fat pay raise at work, the above is my guess as to what it will take for you, made possible by your strong savings relative to your income, that you presumably lived frugally to achieve.

Just document what you're doing, make sure the loan proceeds go into the LLC's bank account, and then record each payment as a reduction in your capital account.

Get the duck fat fries!

Add ~$500/month in expenses (low-end), for a total of $6000/year in expenses per property = $90K taxable income reduction across 15 properties.Let's say each home has an 80k mortgage with interest of 4.5%.

If you're in the 28% tax bracket, for example, then every dollar you spend on interest gets you a 28 cent reduction in your taxes.

Further, I intend to buy additional properties which (following the trend) may well be a little fat in the land valuation.

It closed in 2012 for mismanagement (complaints + high expenses + reductions in Medicare payments).