Nothing is worse than having to dig through a bunch of personal accounts to find the stuff you need to books financial statements together. 3) Use a real accounting system (Quickbooks counts, you're good here)4) Get trained on your accounting system (bonus points if you can get training from someone that you can outsource to later)5) Get even more cash flow - outsourcing usually starts around $200/mo and that's the really, really, really cheap stuff.

But if you are not that concerned with cash flow I think it would be a good investment paying the mortgage down, while it appreciates for a lot of really cheap equity over time.

Most hotel owners know once there is consumer confidence with a vaccine, there is going to be a massive surge of travel so even owners with distressed assets are trying to keep them alive because unlike the GFC in 2008, there seems to be a more clear end to this recession.

OK, not seeing this as the end of the world, but there are some troubling things (based on what I see in Portland and watching news):1) No inventory means in PDX people are reaching beyond FMV on housing and abetted by cheap loans2) Debt service issues - I'll take the extreme, look at retail in NYC, there's lots of space empty at $80/SqFt.  

BiggerPockets has a list of forms that you can buy from them for cheap.

If nothing else, $300 is a very cheap lesson to learn this.For example, I bought two duplexes, 3 of the units occupied, last year. 

On the other hand, if you are ok with waiting the area will more than likely improve over time, and combined with the cheap prices and outrageously low taxes (just skip grocery shopping for a week) and your holding costs for the year will be next to nothing.If you have any more questions please reach out.Dan Powers - Real Estate Agent

So now they want to travel to go see the land.

If she doesn’t pay him back then he becomes the sole beneficiary.The owner gets to keep their house out of tax deed sale, and if they pay him back he makes 15% annually, or him or his kids will get a house some day really cheap

It's cheap and a great way to learn different parts of your town that you probably have never been.