That way I could focus exclusively on RE at that time when cash will be king!!!

Focus on these steps consistently and you will accomplish your dreams in no time.

My focus is that rents are below market and bringing them up slowly should not cause any issues.

I had even sold my own home to keep making the payments for the previous 6 months, as I was no longer consulting as I was now focused on this project full time. 

Happy Wife Happy LIfe and no one except some people on BP would be critical of your owning a free and clear asset.. thats all I personally am focused on these days as i head into the twilight of my career NO debt .. and cash flow..

I try and treat all my investments like my business all the time every day because I'm sure most of us who have been in this for any length of time recognize tenants can be very crafty.Hate to say it but when it is applied keeps you focused " always assume a tenant is lying!"

Would consider a flip, but am more focused on properties we can hold onto for a while.

I live in Indiana, and will initially focus on the Indianapolis area, but open to expanding after that. 

Focus on the useful information.So you have already figured out your cost of funds. 

We will be focusing on Indianapolis.