Most people prefer gas also for cooking because it heats up quicker.

This enables quicker entry for my first property.

If the income you're making relative to the net proceeds (equity) or return on your equity is high enough and the prospects of appreciation are strong relative to your other options you may want to keep it but, if you're making a total return of lets say 15% but prospects for 25% return can be obtained safety in abundance then you may want to consider to grow your money quicker by selling your property.

However, for my first landlord/tenant adventure, I would assume a nearby property would result in quicker response as I iron out all my learning experiences, would you agree?

Hi @Richard RhekerI would always recommend leaving it up to the professionals.The job will be done much quicker and better.

.* Having quality properties as they are quicker to re-lease.* Having quality tenants that don't trash your place.

I just want to be quicker, and more sharp than this guy so I can take what he wants.

You also want +20% equity in the property to avoid Private Mortgage Insurance which can be costly.Bill Gulley, maybe he's going for hard money first since it can be much quicker to receive than a conventional mortgage?

I thought that would be much quicker than trying to figure out a spread sheet that could compute all the variables, especially the snowball effect.

If you were managing properties valued at 10,000,000 and you were on a 10% equity position for oversight, well, you'd have your million quicker than if you bought a million dollar property and paid it off, so don't discount the partnering aspects.