(If life is really hectic it might be worth it). 

Hi Serena, I highly recommend taking the course in person as you'll complete it faster, and, as others have mentioned, you will retain more as you will receive real life examples and in many cases will get guidance as to what to expect on the school and state exams.

Paying off the line with all proceeds from all cash-flowing properties I have will help us expedite the "rinse-n-repeat" model giving us flexibility to have some steroid growth style action for our biz.    

Because even though you have heard many people talk about their mistakes, when you go into life prepared, they will be minimal.

We are building 52 town home rentals ( duplex style in Salisbury) NC picked up another 80 lots in and around Charlotte.

If an agency, life company, or CMBS lender then there won't be any flexibility.

During the feasibility period you will want to:1) Perform inspections of the property2) Get estoppel certificates from all the tenants3) Get all leases4) Get copies of all financial information, including copies of all expenses paid for at least the last year.5) Get rent roll6) Determine if a certificate of occupancy is required, and find out if the seller has one.Those are a few of the items you will want to see during the feasibility period.As far as the HVAC, if the unit was installed in the 80's, it's well past its useful life.

I may be biased because it's my adopted home, but Austin is nice.It's rated #1 by Forbes as a boom town:http://www.forbes.com/sites/joelkotkin/2016/01/14/...Top three cities to find a job:http://austin.culturemap.com/news/city-life/01-04-...One of the best to start a career (which is different than finding a job:http://austin.blog.statesman.com/2016/02/03/austin...Ranked #1 city for young families:http://austin.culturemap.com/news/city-life/05-10-...There are a lot more of these articles, these were just the first five that came up when I Googled "best cities to live".

In order to determine if $5k capex is a good number, you should have an understanding of the remaining life in the roofs, and how much replacement will cost, whether windows are needed during the time you'll own the buildings, HVAC life expectancy and replacement costs, etc.  

Have a nice life.Don't wanna know, don't need to know, have a nice life.