I’m looking for strong recommendations for solid rental property book keeping (e.g. financial statements and the health of a property month-to-month).

Hi, Tom,To my knowledge, there is no way to access cashflow prior to 59 1/2 without taking a withdrawal (or a loan and I strongly recommend against that) from your 401k .

I waited until they opened each parcel up to offers before I jumped in and made a strong offer.

After the 3 year private money loan is paid off the property will cash flow very strongly.

She's extremely sharp and someone you'll want to develop a strong relationship with. 

@Sam Collins I don't know the Houston market but what I'm seeing on a macro level is that the market is still strong.

You are in a strong negotiating position with them. 

If rental demand is strong in your market, this may not be as much of a problem. 

Leveraging your money (20% down but controlling 100% of the asset) will get you there much faster and the risk is pretty low if you follow some basic rules (know how to calculate cash flow, buy smart, maintain a reserve, have strong policies and procedures in place for renters, know your laws, etc.)

As long as your tenant has a history of strong employment and no evictions, with a decent credit score, you'll likely be okay.