I still look, but I have only picked up one house this year from the auction.  

Not enough interest = wrong price point, try dropping by $50 every couple of weeks until you get enough interest that you have good tenants to pick from.Lots of viewings but no applicants wanting to rent = problem with the property.

Obviously the interest paid would be deductible by the LLC (unless 263A applies- flips- in which case it gets capitalized) and picked up as income by the lenders.You should have a promissory note that spells out all of the details.

Posted this a few days ago somewhere else, so pardon my copy and paste job...Like many people, I started with Robert Kiyosaki's "Rich Dad Poor Dad."

Would it be better to wait for that time and stash away a hefty amount of money so when the timing is right we swoop in and pick up several properties at once?

None have been acquired in the last 15 years.My hope is that I can pick the properties that would best suit my investment strategies as a package deal and let him sell the rest to others. 

After researching it appears he just paid 2k in taxes a week ago and i'm assuming he is trying to recoup the money he just spent but this is poor business practice in my eyes.

So often, I see banks make poor decisions that go against their better interests.

My inspriation for REI came from reading both rich dad poor dad, and the richest man in babylon, and since, i have turned that inspiration into a desire.

I know what I would do and that’s use alternative methods to coax him out of the house by paying local bar patrons to pay him a visit one nIght and explain to him you don’t harass or be abusive to women and it would be in his best interests to pack up his $&@ and leave before he’s picking his teeth up off the ground .