At a 2% CoC return (what typical Hedge Funds would have gotten you over the last 10 years, after fees and splits) you'll need $6 Million dollars.At a 15% CoC return (because you're a semi-active, successful RE investor) you'll need $800,000 of your own money invested (as pointed out by the article.)At a 30% CoC return (because you're hitting non-stop home runs in RE, even in today's market) you'll still need $400,000 of your own money invested.And in any of these situations, I would argue that you're not building 'massive' wealth (although if your goal is freedom month-to-month, your net worth is just a number.) 

.- 3B/1B, 1,080 sq ft- Up-and-coming semi-urban neighborhood with lots of city plans for high-end retail and apartment development about a mile from Notre Dame University.- Taxes: $500/yr- $850/mo = market rent- 10% property management = $1,020 (we currently manage ourselves but plan to hire-out management when we get to about 10 properties - we currently have 2.)- 2% vacancy = $204/yr- Insurance $500/yr- 5% repair budget = $510/yr- Cap ex of $120/mo = $1,440/yr- Mortgage terms: 25% down, 15 years at 5% interest.I tried to be conservative with these numbers and cover our rears.  

I would like some tips on where I can find some semi-great locations and also a possibility of real estate agents that may be able to help.

I send her homes that are in semi war zones and multi family.

There is currently a $13,902 sewer lien on the property that is set up on semi-annual payments of $543.10 until 12/1/3032.  

My father in law has always done things about 70 percent and the house is currently in that semi unfinished state (I spent 5k just to have it cleaned and functional before I moved in).

Understand a local market takes more than just a google map or one day trip.... you need to live there and watch the nightly evening news for 3 months......We californian flood every hot, semi hot, and quarter hot RE markets all over the country, and consider anything under $2,000,000 a deal.....The locals have to be laughing at us, is my guess.....

(I'm semi familiar with driving for dollars) and the "bandit signs, which I'm really not a fan of.

Hi Doug,Sometimes paint will run over stain sealer or when painting over semi-gloss or latex paint over oil based paint, let dry completely and sand or spackle runs and repaint.

Semi-excited, in contract at my max cap, about $25k over asking.