@Tyler Brown,It sounds like your focus is on cash flow and your pretax return, but I would encourage you to look at your total return and consider the other benefits that real estate has to offer: amortization (not applicable with no debt), tax shelter (depreciation and deductions), appreciation (around 8% based on those numbers), and cash flow.Appreciation is very healthy based on the numbers you provided.

That’s a healthy rehab number.  

I think sharing failures, as well as success in real estate, is a healthy practice and if anyone wants to share a story of how you failed into success, let's talk! 

Looking at the chart this seems far from healthy.

It is called The Healthy, Wealthy, and Wise Podcast - check it out here: https://www.healthywealthyandw...I talk to real estate investors & entrepreneurs, cover personal finance, and I even talk about archery (the new thing I am learning) and the things that financial freedom can allow you to do.

Keep your head up, smile and say thank you when you get a bill, and say “it happens” when you find a crack in the sewer line. 20.

You might have 8 months of collecting "profit" and then have one bad incident that demands all of that "profit" and drives you a couple thousand more into the red.On a property that's generating a healthy $500-$700+ profit a month, I'd either be driving it back into the property to fix any immediate cap ex threats or saving half for a future investment, and half for padding the emergency bank account

Health is only one.  

Apartment syndication made easy by Vinney (Smile) Chopra. ;)

I've seen property in the area sell at 200$/sq. foot but that's top of the range on a very well done property in a healthy market.