Our monthly debts: - $3150 for mortgage (which will be paid by tenants)- $1200 for credit cards minimum payment- $350 for student loans- $250 for vehicle loanWe both work full time jobs.

He invests in multiple vehicles for diversified streams of income.

REI is just one possible vehicle to get there, with endless variations therein.

A trust will be established for a plan as a vehicle to hold assets of the plan. 

I believe MHP investing is right for me and is an exceptional investment vehicle.  

Favorable rates from a HML is a very strong investment vehicle and I would not want to see you throw that away due to misinformation or because you have come into contact with a predatory type HML (there are many).Just PM me and we can chat.  

Go collect used cooking oil and modify your vehicle to run on it.

You should probably pay off the vehicle then move forward, or sell the vehicle and move forward. 

Clean it up, get it rented at market rate, and start cash flowing while you build your chops as a Landlord and see if this is the right vehicle for you.

@Daniel DeMarco One of the IRS tests for the classification of Section 1245 (personal) property is called the "INHERENTLY PERMANENT TEST" in which the cost of items that are not inherent parts of a permanent, non-movable structure may qualify as personal property.