So, bottom line, enjoy the "wage" you're earning by self managing for now, but build PM costs into your purchase model on the front end.

The extra cash flow received from house two and three would flow into the first HELOC loan to pay that off quicker.

Not with 1000s on the market in your area that are distressed.Not sure I'd want to get involved at all since if you buy it at a foreclosure sale, he may still not want to leave the house, or he might push his best buddy for some extra time to stay rent free.

We can accommodate any shape (they are resized), but just need a sharp logo that is of just the brand and not the extra stuff.

And the snowball would just get bigger.The banks don't look at it as losing an additional 10k by keeping the house vacant an extra year.

Since then, I have purchased a generator (which has come in handy several times) and I keep an extra supply of gasoline.

Everything you earn on top of that will just be gravy whether it comes from flipping, wholesaling, etc.

It is only a GOOD thing if you are earning more than the mortgage rate.

You can then send them a 1099 (not certain *ask your CPA*) because technically that's earned income for them since they didn't pay.

Most likely I wil have to charge extra for utilities during winter time.