That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in your market and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersAnd of course, be sure to subscribe to the podcast - so much great info there and always full of inspiration.

With no income...just cost.How many months would it take to recover $60k...which is what you need to do before you show any profit...and before you mention appreciation, you get the same appreciation whether you pay this way or the minimum.At $18k/y cf (after payoff), it will take you over 3 additional years before you start making a profit...that's actually close to 8 years from when you start the early payoff.B - If you put 20% down (about $24k), that was cash, and you had positive cf (on average) for the full term (let's say 20 more years), the cost of this property to you was $24k.If you had $500 positive CF without doing this early payoff, or $6k/year, you would have broken even at the end of year 4...and you would be profiting.Let the tenant buy the house for you. 

It is easy to comment when we are not seeing the full scope of everything though. 

I have a full time job and am looking at investing in property really soon.

My partners and I (3 total including myself) run an LLC where we have historically purchased properties in full. 

Great question.....and one that there never is a sure answer to and for me has just come from experience, but maybe I can help.First, know your area and get an idea from various contractors what their full cosmetic rehabs costs, i.e., paint inside and out, flooring, new plumbing and light fixtures, new countertops, etc. 

Myself and local friends are doctors and engineers that all work full time as well.So, I'm not really sure how to start off this introduction other than this.

The rehab is charged to the project at full cost of labor and materials no discount. 

I currently work full-time for an organic food manufacturer, but have some exposure to real estate in the past.

I have a day job and not planning on being a full time RE agent...