This deduction provides a tax shelter that can shield positive cash flow, as well as the equity buildup occurring through principal reduction on the loan, from taxation.

No salary cap or timed raises-I had a friend of mine the other week tell me that she just got a raise of a Nickel and hour.

run a cash flow analysis - see where you need to be to be at a positive cash flow, then just work the numbers til you hit your optimal level of revenue.no fluff either - just fyi, 2 br are tough to sell...i know you're looking to rent it out, but if you ever want to sell it - they're tough to move.

The good thing is I have a fair amount of investable cash - I'm in a position to pay cash and hold things that way, if need be.

If everything looks like it would make for a positive cashflow, scoop it up.

Here is a hypothetical situation - I hold a 1st lien position note secured by commercial land.

The coup is a positive for developers at the end of the day due to the fact the military are pro development.

I am not investing yet because right now it is very difficult to find properties that will come even close to cash flow positive.

We plan on using our profit to pay that off immediately with profit from rent + salary surplus each month.We only had a small bit in savings but this house is "ripe" right now, and we really wanted it.I'll also add here that we have 3 children and are living in our own 1 family home we are paying a mortgage on.

On the positive side, I've learned a lot that should help me.