Takes longer than most people think.Also if you don't have any income and only 1 rental property that even does throw off 1k per month, you have picked the wrong business model to go full time right away.

Thanks Blake and Kyle...I heard back from Cozy and they said their revenue model consists of making money from charging for screening reports, collecting 2.75% from tenants who pay with credit/debit cards and the $2.99 per month per unit for quicker deposits. 

The South and Western portions of the ranch are within the shelf and slope regions of the carbonate platform where the application of new 3-D seismic technology tied to solid geological models will lead to a very successful venture."

I am not familiar with the other company you mentioned, but if their business model is similar I would avoid it. 

The unit next door which is the same model just went on the market for $50k.

I will model decreasing or stagnant rents, decreasing occupancy, and increasing cap rates.  

@Willie WebbI think the answer now lies with what your business model is. 

LOL... the gist of the thread and chime in from all the top TK company owners on BP revealed how dangerous their model was ( those particular assets) how they have no real experience.. and other things that just did not ring true.  

My program for my clients models the "BRRRR" strategy and we are having a ton of success with ROI's in the mid-teens on a consistent annual basis!!

But I havent really modeled out the depreciation impact and I have assume appreciation is essentially flat.