I would venture maybe $20k total, conservatively. 

You're right that it's getting tougher to find solid cash-flowing properties ($600 or more) in Grand Rapids, but the appreciation potential of a single-family home or duplex in Grand Rapids would be much better than that of a mobile home.

As long as you run your numbers and your estimates are conservative, you'll do okay in the long run.

The ability to turn single-family lots into duplexes or even split lots for separate units can significantly boost rental income and property value.

Hi, I am trying to transition to develop my rental income as I am in the final years of my professional career.  I recently signed up for BP and found the calculators on this site to be very helpful.  However, I could...

Home Appreciation: You’ve estimated a 2% annual appreciation rate, which I feel is quite conservative.

Curious as to thoughts on building ADU’S for equity in LA / SoCal market.Search BP forums for appraisals associated with California ADU additions in single family zones.  

I imagine the argument would be, well if PadSplit disappears we need to base it off this less, more conservative number...

I have gotten a seller's credit for my 3 existing units but to be conservative, I will assume I am paying full closing costs here.At the moment, I have ~$25k in a HYSA and expect to save another $10k from my W-2 before I start putting offers in.

So while I have family nearby I want to minimize excess wear and tear because 1.