Definitely what I would call a base hit for my first deal; a home run would be great, but I didn't let perfect get in the way of good - remember the first one is hardest one to get.Now that being said, some people may argue that my maintenance, vacancy, and capex budgets are low - and they may be for some areas - BUT I'm fixing everything found in the inspection report and installing a ton of new stuff with an emphasis on reliability... not fool proof but I think it increases my odds. 

After 1-2 years of living in this property, I hope to purchase a second house hack with a conventional loan in either a B or C-class neighborhood with emphasis on cash flow.

Servicing Connecticut with an emphasis on helping investors. 

Also appreciate the emphasis on where true risk lies in uncovered liability claims. 

As of the last years podcasts, Brendan turner has made a huge emphasis on what keeps one sane (for him it’s weekly massages) while hustling for the never ending hunt for financial freedom.

The video clip shows carpet that needs to be replaced (and hopefully not with carpet), a few (emphasis on few meaning not many) kids toys and possibly a closet door that is missing but the camera pans so fast it is hard to tell. 

It seems folks are putting an emphasis on window repair over the other options.

BUT starting out with Equity trust was a total (can not use enough emphasis) DISASTER!!!!!   

FF1&2 will give you some insight into construction, but the emphasis there will be a bit different than learning the process of construction. 

I could even argue principal pay down could be considered part of the cash on cash return.Your post would have been better understood and more easily received if you stated:If one buys rental property with $20,000 down and a $80,000 loan AND one assumes the rent covers all cost of the ownership THEN the return is xxxxx%.Without stating the assumptions used in your analysis, it leads to confusion.I believe it is best to clearly state assumptions used in an kind of return calculation.I did state that assumption, although without much emphasis (bold added for this quote), "if you get a 80% LTV loan with a 20 year amortization, then break even for 20 years while the property gains nothing in value (which never happens over 20 years), the rate of return is still 7.18%."