Does anyone have a rule of thumb for how much cashflow one should be getting for every million dollars of debt on real estate?

This area has had hundreds of thousands of dollars in depreciation over a few months? 

well then you have Cardone and his 50 million dollar G 5 or if he upgraded G 6 or whatever.. hard to buy those with smoke and mirrors.. its a new world out there I dont personally use instagram I think I have an account but would not know how to access it..

I am sure the OP if they wanted to could find Mike pay the dollars and also get the mentoring..

I currently manage a multi million dollar home in Palm Springs that has its own gated entrance and sits on a hill.

Any company insuring your properties without an inspection most likely has a clause buried deep in their policy allowing them to deny claims for conditions found on the property that do not meet their UW standards and they will deny you claim based on "the house should have not been insured with them anyway".Although the inspections can be annoying look at it from the other side.You pay them 1000 to 3000 a year to insure a rental property where they agree to pay out possibly hundreds of thousands of dollars if it burns down or up to 1 million if a tenant slips on a bananna peel and falls down the steps or the tenants dog bites someone and since you didn't enforce the tenant having their own renters policy to cover the dog bite the landlord's policy is paying out.The insurance company is very much like your rich uncle backing your business venture - you run the business, he takes on the financial risk from disasters, and doesn't even get a say in who lives in the property.Your rich uncle asking you to fix the steps, put up a handrail, etc which is in your and his best interest long term.Do you really want to rent out a property with a busted front step and a bad roof that is going to leak sooner than later?

Tax liens can be purchased for as little as a few hundred dollars for very small properties.The problem is that each state and county have its own regulations: they issue sale lists of tax liens certificates throughout the year, and auction dates are also different.Also, some states hold auctions once a year, some twice a year, some every month..So, I went on a rabbit hole and compiled a list of the next auction dates:November: Colorado, Illinois, Louisiana, Montana, New Jersey, Ohio, Pennsylvania, Vermont, West VirginiaDecember: Illinois, Louisiana, Montana, New Jersey, Ohio, Pennsylvania, South Carolina, South Dakota, VermontJanuary: Arizona, Louisiana, Montana, New Jersey, Ohio, Pennsylvania, VermontI actually have the whole year mapped out with websites where you can get the sale lists.

But it becomes a simple math equation:  $$/month income to replace divided by the average dollars per month per unit owned will equal the number of units you need to own to replace that income and get toward FIRE.  

You pay thousands of dollars up front to join the community and get access to Pace's own lines of credit with which you can lend on a number of different kinds of deals (Pace takes a fee on each one, of course) and take a cut of for yourself.

You may have already purchased QBO or are midway through using it, but if you're still researching, check out Baselane before you decide.