@Russell Brazil@Aaron TaylorJust to do a contrast with my own properties, I wanted to check out a 20 year history using the same calculator.Here is what I got:Time Period: July 1999 to July 2019DJIA Return: 143.59%Annualized DJIA Return: 4.552%Total DJIA Return (Dividends Reinvested): 289.536%Annualized DJIA Return (Dividends Reinvested: 7.035%For the property I mentioned above, JUST in Appreciation, I am at a 19.33%The numbers for the IRR calculation is as follows:Year 1999 ---> -28,000Year 2000 to 2018 ---> ZEROYear 2019 ---> 960,000-------------------------------The IRR will be 19.33%If I take into account $40k in renovations in Year 1999, but then counted the Cash Flows (the dividends), the IRR then becomes somewhere around 18%.

It does not apply to SFRs because SFRs are valued using sales of recently sold comparables.Some investors insist on using Cap Rate as a "performance" metric to compare and contrast competing investment opportunities.

However, it's 3 days or less to provide a written estimate of the damages and condition contrasted with your move-in inspection.  

Furthermore, I would like to compare and contrast the process of the flipping business compared to rentals. 

The big advantage if you start with breakeven cashflow and then when interest rates dropped to 7.5%I refinanced with rent increases, I did fantastic.Just to give you a contrast, my dad bought his rental, a mixed use no less, in 1963 with 5% fixed.

Sadly, I suspect there will be quite a few lots on the market--which is in complete contrast to the past decade when there have been almost none. 

From there you can compare and contrast actual necessary work to be done.

And you can leverage the cash value to create additional wealth along the way.The obvious contrast with the 1031 is cash in hand versus like-kind exchange.

In contrast, for a duplex, you only need to demonstrate sufficient personal income, and you can also use additional income from one of the units to help qualify for the loan.

This probably wouldn't work for USMC bases that I was at, where permanent wartime deployment tempos is the norm even if there aren't any wars on, but by contrast many of those Army units just stay in Kentucky of Texas for a decade at a time until a war breaks out, meaning (one would predict) housing demand goes down when wars go up, and comes back up when wars wind down.Again, I wasn't smart enough to be doing this while still in, so this is speculation.