Planning to get them permitted and certified for California and meet or exceed current codes so when they arrive here they are pretty much good to go.

Ideally I would like to get something that is fixed, but not exceed the rental payment amount.NOTE: We would like to keep both properties, if it works.

Seeking to find a substantially nicer home, the buyer sought out a nearby upscale town where the home values exceeded $200,000.

@Danny McGreevy In Colorado Springs triplex and fourplexes don't pass this test and FHA lenders usually require 15-20% down (or whatever it takes to pass the test).In order to pass the self-sufficiency test, you'll need to prove that 75% of the rental income you're likely to receive will exceed the full monthly mortgage payment.

Unfortunately, there are few other tools out there that exceed inflationary erosion. 

Aim for an ROI that exceeds your desired financial goals, considering factors such as appreciation potential, cash flow, and property management efficiency.Remember, these financial figures are approximate and can vary based on multiple factors.

Details:Property type: Duplex in high rental demand area in Los Angeles Price: $530k Up front investment: $80k down payment + $20k renovations Rental income: $3800 / month* P&I, Tax, Insurance, Trash/Water/Sewer: $3050 / month Vacancy Rate 2% ($75) Repairs 5% (~$200) Property Management 6% ($230) (already verified rate with company)Net operating income: ~$250*Note that I would be living in one of the units.That unit would go for $1600 if I were renting it out.Since I will be living there, I only want property management services for the other unit, reducing PM fee to $130.Likewise, I don’t see why repairs on the other unit would exceed an average of $100/month.That brings net income to $450 monthly.A little fuzzy since I’d be paying half of the “rent” for my unit but to make the point…To put it another way, living in one of the units and renting out a room, the rent from that room plus the rent from the other unit cover P&I plus trash/water/sewer completely.So I would go from paying rent north of $1k per month currently to ~$500 per month to cover property management fees and maintenance.Depending on the state of the market, I plan to sell within 5 years or hold and purchase / move into a second property?

The ones with the sponsors who can answer your questions, demonstrate that they're of impeccable character, and who can deliver projects with large margins of safety while exceeding what your risk capital can capture in the public securities markets.  

Actuals if you have 12 + months not to exceed 110% of Air DNA or 80% of Air DNA actual historical P & Ls aren't available. 3.

To have lifelong financial freedom, you need a passive income that meets two requirements:Rents must keep pace with or exceed inflation: Inflation consistently erodes the purchasing power of a fixed amount of money.Persistent: Your rental income must last a long time, ensuring that you do not outlive your income.What are the consequences of buying in a city where rental rates do not outpace inflation?