Spoken to them a few times and every time i get the same "I will pay some amount shortly' response.

Quote from @Mary Jay: I guess, I wonder,  if taxing depends on the amount I am converting? 

This means that you may have to recapture or add back into your taxable income the amount of depreciation taken on your investment property when you dispose of (sell) your investment property. 

I’d rather not stretch myself too thin with debt, so I make it a priority to pay down a good amount of my portfolio.

The log requirement to track the hours hasn't changed so something from 4-5 years ago should still be applicable now.I would create an excel workpaper with 4-5 columnsColumn 1 = DateColumn 2 = Amount of hoursColumns 3 = Description of property worked onColumns 4 = Task performedYou can create 'drop-down' features to reduce the amount of repetitive phrases.

The principal and interest mix/percentages of a payment are based on only three variables - the interest rate, the outstanding balance, and the amount of the monthly payment.

Quote from @John McDonald: Hello, I have a unique situation going on and was seeking extra confirmation and ideas on the current deal I'm in.Basically the property is transferred via deed, I sign a promissory note for a set amount, and record a deed of trust.

You must give tenants written notice at lease 30 days prior to lease expiring stating the amount you'll be raising rents. 

The financed amount was roughly $292.5K.At around 6.5–7% interest on a 30-year loan, the monthly P&I works out to roughly $1,850–$1,950.

The main issue with a single family is that the investment amount is often times too small.