The Average Rate of Return is calculated by taking your average net profit and dividing it by the total investment.So in your scenario, the total profit is -$50 over a period of 2 years, giving you an average net profit of -$25.

Any recommendations of CPA that are familiar with that type of scenario I described above?

What are some common pitfalls to avoid as a new real estate investor, especially in the multifamily sector?

I'm currently looking to roll out of a duplex I bought in Holly Hill (BRRRR but looking to sell) and continue picking up the 6-12 unit properties that are pretty common in Volusia.Anyone interested in a meetup sometime?

Since we all have had a long history of listening to the excuses some tenants use because they used their rent money for something else and got caught, this is not a new scenario. 

Many thanks in advance,Victor Talking with my friends contractors in the area... some of this contractor offered very low price for their projects betting to build many units and market changed and they simply started to file bankruptcy... when comparing cost it's common you will find higher costs ... been in this market last few years, houses will start to move again in the next months in a normal cycle (not pandemic cycle) , if you're goal is getting long term rental in place for delay gratification...

Connecting with locals who have experience in this area is a fantastic way to gain insights and avoid common pitfalls.Since you’re looking to buy in the next 12 months, I recommend starting by networking with other investors and real estate professionals in the area.

@Greta Andrews Dave Ramsey a nationally respected financial expert , best selling author, and financial advisor calls whole life( cash value) insurance a con job orchestrated on novice investors by “ enthusiastic ignoramuses” masquerading as financial advisors.Borrowing money from yourself and paying interest on your own money is a non common sense approach to investing. 

Mold is a common complaint from tenants, particularly those trying to exploit you.Mold is everywhere, even in the air we breathe outside every day.

@Jackie Liu right off the bat, you're making a common mistake!