@Chris Seveneyi apologize in advance if i didnt understand this right, but im confused about a specific part about what you said.In your example, when you say banks will want 20-30% down when I refinance, it sounds like your saying that i need to come up with $40,000 "out of pocket", but I already have that in equity in the property. so theres nothing more i need to put down out of pocket except closing costs and other bank related fees, that is what you meant correct?

I feel that people confuse having a college degree with being intelligent, nothing could be further from the truth.  

Take time out to advise me from your professional experiences and to help out other confused newbie investors like me.

Anyway, I am a little confused on the following:When analyzing a property using the rental property calculator, I understand if the numbers make or don't make sense when I analyze it as if I was going to rent both sides of it.

@Kevin Crowell - I'm kind of confused by your question.

When I use the calculator as a buyer so much depends on how they frame the deal... so I got confused how to figure it out as a seller.Thanks much for your insight.

I feel like this should make more sense to me... haha but I'm still confused.

Just on your thread you've gotten multiple coffee invites from people who are just happy to share experience, not sell you on anything, and I think that's what makes this space so unique.You're in a really good place in terms being able to get started in REI quickly (not to be confused with rushing) because capital is almost always the primary stumbling block.

I was so confused. 

We do all of the work ourselves so our rehab costs are pretty low but here is where the confusion comes in.The house backs up to new development in a town that is highly desireable by high income individuals.