Think about all of the time, money, and energy it takes to mail to the same person 5-7 times.  

Being young, you have the advantage of high testosterone, plenty of energy and plenty of time without all the hassles that come with a full family.  

By owning rental properties you can survive through most recessions and those happenings should not reduce your occupancy and enable your rentals to keep on paying.  

They are likely unable to invest the $10MM immediately, reducing the final IRR.Whether any of this is actually true, I don't know, and probably varies on a case by case basis.

So even though you aren't seeing cash flow right away, it's still a net benefit to you because it reduces your expenses.I hope this one works out for you!

Make sure you have a HVAC/plumber/electrician/ etc ready to go, because interviewing when you're doing the work wastes time and energy.    

If they exceed 50k, the amount that can be expended is reduced dollar for dollar.

Even if you end up not using or agreeing with it, it is a good way to educate yourself.Yes - the fact that tenants pay their own electrical / gas / heating will reduce your expenses by a few points but you are expecting to run this property with only $25,000 in total expenses (less then 25%!). 

It will be a long ride but you have the time& energy to accomplish your goals.

What are the realistic expectations of getting the medical and car debt reduced.  2 Would it be possible for myself to negotiate with the creditors on their behalf.Thank you for your input.