However, a common benchmark is aiming for at least 6-8% cash-on-cash return based on your total investment (purchase price + rehab + closing costs).Always factor in appreciation potential, tax benefits, and personal risk tolerance.

Then I p;an to move out and find another project.I am excited to join the forums and learn from the vast wealth of knowledge on here, as well as (hopefully) benefit the community with some of my own learnings.Look forward to the journey.Franklin

BUT with S&P, you got gains on $25k.

This forces you into an endless loop of Cancel - "Retain my benefits" What do I need to do to cancel this membership?

In addition, when you have leverage you have the other benefits which @Ali Boone mention.

After five years you'll have earned $90,000 in rent income and gained $34,000 in appreciation.Buy four houses with $50,000 down on each.

Im dedicated to learn this bisiness and gain the experience the right way.

If you did finance some of the purchase using a non-recourse loan, then you need to read up on UBTI/UDFI and there are some taxation benefits that the IRA can achieve since it now owes taxes in that scenario.

Why ask: Learning how your mentor handled failures or setbacks will help you gain perspective on the full spectrum of risks and challenges in the field.

It will save you a ton of money upfront and you'll gain the experience to upgrade to larger deals.