If the whole property, PLUS rehab costs are being bought with all hard money, then where is your equity that will enable you to find 'proper' lenders later?  

I believe that experience is the best teacher so taking bumps and bruises along the way, including losing money, is well worth the experience that you will receive in return.

It can be a meaningful difference because it enables me to write off $25K in rental loss per year AFTER I have reached the higher tax bracket.  

Being a math teacher the numbers should come very easy to you now get out and start buying!

Also enabling them to rollover IRAs and old 401ks into a Solo401k.

This property which is located where I currently live (Ohio), but my wife has gotten a job in Southeast Jacksonville as a elementary teacher and we are considering the move.I've done a little research about investing in Jacksonville and it appears it is much tougher then my home town which is a small town.I plan on keeping my rental property and I'll enlist a few people to perform property management.I'm finishing my Associates Degree in Business Management and will be starting my Bachelors soon.

If moving anywhere enables or enhances your ability to achieve your goals and objectives, you move.

In addition to enabling BP members to view the timestamp on posts in our local time, it would allow everyone to have email notifications waiting for them at breakfast regardless of where in the world they are having breakfast :)

There are still plenty of teachers out there like Dyches Boddiford and such that teach advanced strategies worth the coin.I spent six figures on seminars when I was getting started.

Pros-guaranteed increase of 9k a year as soon as I complete it (union teacher contract!)