When you are rich enough to sub-contract the work or have a great manager worry about it, you will know what it takes and what it costs.On that topic... your managed choice better be someone you trust with a million dollars in cash, able to understand electrical wiring plans, and be sweet with your newborn or stern with your wild teen.

When you factor in all the other benefits of real estate investing (income, tax depreciation, principal paydown by tenant, potential appreciation (I use 0% for this, by the way), leverage), I can still conservatively and comfortably calculate a TOTAL return in the teens to 20%.  

Being a remote investor during a growth stage in the economy might be tough to find a lot of equity on the front end so perhaps the Hold and CashFlow is not so bad if you can still return in the teens. 

The city that we live in needs something new, something big, something to bring the family's all together along with providing motivation for teens and young adults to get out and be active.

I have never met a great great grandma before, but I think this is the generation where the great great grandma will be living in these homes.http://jezebel.com/5733842/90-teens-pregnant-in-one-memphis-school

They’re birthed at acquisition, rehabbed during infancy, stabilized throughout the teens and sent off once they are ready for college and LIFE UNIVERSITY.

I am wondering what cap rates where like in when interest rates where in the teens?

If you're only seeing an ROE of 5% that's a pretty strong signal that you should sell a property and redeploy your capital.BTW: with 75% LTV, I want to see $150-200/month/unit cash flow and a CoC ROI in the mid teens or better.

BackstoryMy interest in investing was sparked in my teens after reading Rich Dad, Poor Dad, which inspired me to go study business in college (Cornell University) with a focus on accounting/finance.

Obesity kills 30,000 annually in the US. 6,000 die annually from sending a text while driving.My point is this, deaths happen from just about everything human beings do.