Keyrenter North Jersey opened this year, leveraging the proven processes, systems, technology, and infrastructure of the large organization, combined with the focus, support, customer service and local expertise of a small business.

Once the tenants vacated, I realized I severely underestimated the amount of wear and tear the property sustained after they've lived in it for over a year.

In 5 years: $100 x (1 + 4%)^5 ≈ $122 or a 22% increase.In 10 years: $100 x (1 + 4%)^10 ≈ $148 or a 48% increase.Unless your rents increase faster than inflation, you will not have the dollars to pay inflated prices and sooner or later you will have to go back to work.The key factor for rent growth is significant and sustained population growth.Sufficient to Replace Your Current IncomeYou will likely need multiple properties to replace your current income.

When 2 out of 11 investments go completely bad, it can't be a sustainable model for investors.Good luck,Glen

Unless you have very high income, you won't be able to sustain anything.

Once the tenants vacated, I realized I severely underestimated the amount of wear and tear the property sustained after they've lived in it for over a year.

We're spending ~$300k and it's completely custom.

Honomobo offers very limited customizations of their products which consisted of models numbered 2 through 5, which corresponded to the number of 40x8x9.5 shipping containers that they used.

Even looking at gross cash flow you are at -600/mThat is hard to sustain.

Experience will matter to some of customers, so you'll have to be specific about your history and success.