That may offset less than spectacular cash flow, but at the end of the day you have to be sure that the place will support itself and turn a profit.Without diving too much into the family dynamics, this can be a prickly situation.

Create a teacher student dynamic between everyone you work with.

If there was a way where you could do the investing and you could lean on your dad for support and advice I think that would be a good dynamic.

I did this for the rental we are closing on this week - mostly so I could visualize it myself but I figure if we start to show the property early, we could share it with prospective tenants or have print outs in each of the rooms for people to see.

Job growth is a sign of a solidification of market dynamics as well as an increase in per capita income.

It includes all major assets & liabs, inc some pers prop that has value (or is individually insured) & I would consider selling to fund new found opportunities or if there was a major emergency requiring a change in budgeting/liquidity.My PBS is currently three pages long, broken into sections w/ sub totals to assist in analysis:AssetsReal Prop (Assessed, Purchase/Rent data, 2-3 free online providers like Redfin, then averaged.)Personal Property (Cars, Art, Hard Assets, things not in an account or "foggy" daily market value)Cash Accounts (ie funds w/ access not limited by age, Banks, Brokerages, CVLI, prepaid taxes,large pending incomes like insurance settlements & reimbursements owed to me.)MineSpouseCo-AccountsRetirement Accounts (or anything where access to the value is age restricted)MineSpouseBusiness 1 (Net number carried over from separate business records)Business 2 (List as needed)Liabilities (Would section these out too if I had enough to justify it)Listed in order of assets above if tied to such, mortgages, HELOC, etc.General liabilities listed next, largest to smallest.Net Worth CalculationThen I include several lines of totals; subtotal of amount available for conversion to REI, ratios & simple measures like mo / mo & trailing 12 mo avg % & $ return.My FI goal is over the long term to average at least 1% mo / mo gain in net worth.I have found this to be best for me for several reasons:I have a hard time visualizing a set $ amount as a goal because my amount required to retire would then seem too big to tackle.

Ie. monthly visual assesments of the properties, helping with property turn over, helping find the best contractor for a job.

I would also recommend using a dynamic pricing engine like BeyondPricing or PriceLabs.

Only downside ... most of these types of products are incredibly expensive (I would obviously account for the cost when calculating cash flow)This would be a visual example of what I am talking about...This is from a fenestration company located here in Phoenix.

I have extensive experience building insightful and useful dashboards to visualize data in Tableau.