Psychologically, studies show, paying down the balances that you can pay off more quickly in most people's cases actually lead to quicker debt elimination.  

Currently I am reading Rich Dad, Poor Dad and listening to Bigger Pockets and other podcasts to increase my Financial IQ.  

The condition of the properties is a pretty quick check.

This guys thinks that you can get rich quick flipping houses - because they exclamation points adds emphasis, but in realty I'm not even looking to make as much as I do from my 9-5. 

Quick Background: I've been fairly successful in other areas of life and recently determined that moving towards passive income is the best way to achieve my financial/lifestyle goals.- I currently have 2 SFH properties- I have an LLC formed, but currently don't have any properties under it.

A quick pre-check on this last applicant seemed promising until the low credit score came up. 

The GNND program seems great for building quick equity as you mentioned, but I don't really like the 3 year OO requirement.

Thanks for the responses @Jeff Kehl @Michael Flight @Joel Owens and @Ronald RohdeAppreciate the additional thoughts/factors to look at regarding VPD numbers Joel.Assuming there isn't someone on the message board who could give me a quick tutorial/instructions on how to find the numbers myself on TXDOT's website, I'll try giving them a call.

If you flip and sell, are you able to quickly put *all* of that money back into profitable flips (or other investments that are more profitable than keeping the rental)?

Some Quick Numbers: Depending on your capital gains tax, I'd probably sell and use the money to buy a couple of places using Subject To that cash flow at about $500 a month for a total of $1,00 a month (Phoenix, Mesa, San Antonio, Ft Worth, etc).