However if you didn’t calculate in at least some percentage of the rent for vacancy, repairs, and CapEx then eventually things will happen, such as a vacancy or a repair being needed and you will be out of pocket a much larger amount of money than just your $400.

I have a commitment to invest in rental properties, meet professionals  & eventually meet potential business partners!

@Xavier Mc holder yes I did eventually complete that project.  

The reason I am trying to free up this property is I would like to have an adu built on it eventually.

I stood my ground and eventually she got an appraiser at the $780.

Eventually, I realized that if I kept waiting until tax time to organize my books, I would never escape the stress (and extra CPA fees).

The modest cash flow could be reinvested, eventually allowing me to build a portfolio of income-generating properties.I recognize your point about needing $2.5M–$3M in cash to consistently replace a six-figure income.

You are afraid of rent control, but if you add an ADU and it is detached, the main house (if built prior to 1978) may eventually become subject to LA Rent Control. 3.

Eventually you would exit (sell) and that would have more equity to make a profit after the cash flow losses or the investment generates positive cash flow in year 2,3,4 etc.

Along the way I would love to get investors instead of lenders and eventually scale massively.