Analysis help - Retirement Rentals

[Orin Zelenak]

I want to build 2 more SFH as rentals (will have 5 and that's enough). Each would cost $320k (land+construction+closing) and BP Rental Calc yields Monthly cash flow of $2,028 each. I would probably sell in 20 years or so. If I'm not interested in further real estate investment is there any reason to get a loan?

[Jaysen Medhurst]

Yes, that's the idea, @Orin Zelenak. Hopefully, you can do better than 5%, though!

I certainly think you need to take into account Management for two reasons:

1. You deserve to be paid for your time managing the properties. 
2. Once your daughter takes over, she should expect to get paid and you want to know how your properties perform with that added expense.