Josh, I'm a bit late to this party but would offer my 2 cents. 1) Real Estate agency is ultra competitive.

@George Fitz Yes 90k/mo is the accurate and "conservative number" From his demeanor I know this guy knows his stuff, and all his calculations were ultra-conservative for this situation.

Flippers have to buy ultra low to make a resale work whereas a landlord holding to rent or a home buyer looking at  a property that needs work but can still get financing will pay more.

The S&P 500 did 6.9% in the last 10 years, so it's a wiser play assuming rents don't go down, which they haven't in Boston for a long time (excluding luxury and ultra-luxury condos, which there are too many of right now, and my place is not a luxury condo).

Unless you plan on being ULTRA conservative.

Classic charm neighborhoods with high end values (at least to KC terms)As for the Silicon Prairie, I follow this quite a bit and have pretty good confidence in the Fiber-hood taking hold (Google's first internet service provider city is KC) with ultra-fast internet.  

It is Valspar Ultra 2000 satin from Lowes, I have to double check on the exact color.

Hey all,Figured I'd share a deal I got on allure ultra.

We are ultra conservative and have passed up many properties based on the calculations.Our questions/concerns/fears are:Are we missing anything?

Leveraging that amount of cash to buy SFHs or small multis in favorable cash flow areas could allow the buyer to accumulate maybe $15M worth of props, and cash on cash returns north of 10%. 3) The better returns in LA with that kind of money are the ultra high end flips.