@Tutti Patel My 1 yr return on a 500 index fund is 17.3%; across all funds is 13.2%.

I agree with @Tutti Patel  decide if it is worth the effort for you. 

Originally posted by @Tutti Patel:The numbers I'm getting your cap will be 6.70% with at least 10% cash on cash even when I include prop manager. $150000 purchase priceJust asume 20% down payment: 3000030 yr fixed rate at 4.5% = P&I at 608.02$2000 closing costsYearly income assuming $925 per unit per month = 22200 - 6% vacancy rate- $3k for utilities- $2200 for repairs (10% of gross rents)- $500 insurance- $2220 prop manager (10% of gross rents)- $2900 taxesGives you $10,048 of net operating income and about $3k cash flow per year.

GL I never took on personal debt before, so I do not have any credit history at all.

It’s Home Depot:https://www.homedepot.com/p/Gl... I

@Tutti Patel , the man with the $ has all the power (you.)

I carry $2mil in GL. I

And I’m not talking about a jelly bean that you thought was going to be tutti-frutti and instead is stinky socks.  

Hi @Tutti Patel, we have had success (well, success to us at least) with our condo and much of that I just have to chalk up to luck because we were very fortunate to buy our condo in 2012 from a couple that was very motivated to sell.  2014 was another great year for us, but since we had to replace a water heater, got a new sleeper sofa, and a couple of other small fixes, we will be just a little in the red this year.  

@Tutti Patel - Yes, I thought about that as well, it's a good point - I think you're echoing what my second post was about.