Joe, the reason I created this breakdown was to evaluate these different strategies long term.

Now it's easily 850k.

I love how practical and concrete this book is about evaluating options and making a decision.

Appreciation rate is actually better than most people think (~6% per year) and you can easily cashflow if you buy in a good area.

I see the trade-offs between appreciation and depreciation benefits, so I’m evaluating whether holding more rentals makes sense alongside the live-in flip model.Would love to hear how you’ve balanced appreciation vs. cash flow in your experience—have you leaned toward flipping, holding, or a mix of both? 

Then put it here for all of us to evaluate and we can decide how super simple it is. 

I own and invest in Birmingham and would be happy to connect to share insights and introduce you to contacts in my network.I also work for a local property management company that serves many out-of-state investors.If you come across any properties, I’d be happy to provide rental analysis reports based on comparable rentals to help you evaluate potential investments.Looking forward to connecting!

The other questions below are for everybody.I have assumed for several years that, if I hold a tax lien certificate on a house with equity, and the owner can easily be located, as soon as my lawyer starts a foreclosure action, if the owner didn't have the means to redeem the certificate, shrew investors would contact that homeowner, offer him some cash for his equity, then, once such an investor acquires the property, he will redeem my tax lien certificate, and all I will only get back is some of my costs plus interest.I haven't had the time to digest the implications of https://www.azleg.gov/ars/42/18204.htm yet.

Make a list of all your tasks and determine what could be handed off easily.

A PM company easily charges 3-5% of your monthly revenue.