Ah yes that makes more sense - $15,500 is still a bit high but reasonable in some cases if you are buying down the rate a bit

Some people pull all the equity out of their rentals to buy more, others like to pay cash for them, others pay the mortgages down faster because perhaps they want them paid off when they retire, others just let the tenants pay them down over time.

@Michael HearnAt your age I think it makes sense to pay down debt, but just my opinion. 

IRS liens are no big deal.. worse case you just have to hold the property about 180 days and they fall off.. many people get scared of IRS liens myself I would target those as I knew many would not bid because of it.. 

Now is not the time to be asking those people...terrible advice imo. 

It is not really a job a lot of people are willing to do.

Go on a random Tuesday and you'll see a FLOOD of people.

Bought a home from some people that were about to face foreclosure.

I had about four times as many people attend my high school.

*One quirk that made financing more complicated: the banks got nervous when they saw that just two people (the investors I mentioned earlier) own more than half of the 48 units, and wanted a big down payment.