And equally for the buyer, if you want to renovate and refinance or cash out, wouldn't you have to pay off the entire mortgage at that point and the bank would know it was always the buyer paying off and not the seller?

Hi Kyle,My wife is a dentist and the proud owner of Vitality Dental in the Northland of Kansas City.

I always just explain nicely that it’s my company policy to deliver the required notice and collect the late fee as per the lease every time rent is late, no matter what, sorry no exceptions for anyone as I treat everyone equally and adhere to the lease agreement that we both signed.

What you’re counting on is even a slow rate of appreciation, say equal to barely inflation, called it 2-3% being multiplied by 4 or 5X because you only put down 20-25%.

If I convert those monthly nets into annual nets and plug those in to see what amounts of cash in would lead to those results in each case, I come up with:Scenario 1: $2000/month ($24000 annual) to equal a 12% return means you're in $200,000 cash. 

Because past results equal future results.

The investment portion of 3 units equals their reinvestment target of $600K. 

Or maybe the units aren't equal and one rents for $2800 covering most of the cost of living there. 

It goes up fast, but down equally fast.

That does not include any expenses, vacancy, etc.similar rent minus PITI does not equal cash flow.