If you don't want to take off you shoes keep a box of new shoe covers in your vehicle.

It's money well spent.

We've struggled with Quickbooks for the last several years (and before that I literally had a shoe box with receipts in it).

It’s a tough time to find properties that check every single box, and it’s easy to get stuck overanalyzing.

So you'll add 150k in rent over those five years)So we can take our numbers above and add 150k collected in rent minus the expense.So all cash,Bought 500k, collected 150k in rent, profit = 214k or about 8.5%On credit (3.5%) down Bought 500k (20k down), collected 150k in rent, spent 168k in interest, so profit is 46k or about 46%. 

According to our lawyer and case study, our base starting pay back is the 75k + taxes, interest, and insurance and not the 200k we paid so we subpoenaed the previous owner for all of his figures he spent renovating the house.

If you won't quite hit $10k, then you could refinance sooner, you are just limited in how much you can pull out (loan amount can't exceed what you spent on the property).

I try to show people visually what their "buy box" looks like - sometimes they change their buy box when they see what they can afford ;-) good luck!

Yes I remember reading about the cardboard box that Warren Buffett reads in underneath the freeway overpass.I'm sure he lives in a pretty nice house himself - and not a cardboard box under any overpass. 

You had mentioned that you spent 6 months researching before November 2016 with some of that time creating an excel model.