Although you could probably find better investments on paper, vacancy & turnover expenses are some of the most costly parts of owning investment property, and very difficult to forecast with perfect accuracy.

Unfortunately, in CA driving the train is a lot more expensive, as our fuel's touted to go up at least .46 a gallon, and it's already $5.

So that respect it seems kind of expensive. but again, I personally have not hired any of these coaches. 

Cash flow should be after best estimate of expenses and maintenance/cap ex will be needed.  

Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?

I believe the success is 1. cute factor, 2. price in an expensive town 3. demographic that is underserved. 

if your immediate area in FL is too expensive go an hour or 2 out. 

Hello, I have a good interest rate at 2.875% and have tenants, I'm cutting even with expenses.

Both can be quite expensive over a year and you want to be very clear on what those are, what they cover, etc before you purchase.

This is is a very good area and would actually live in 1 unit, so 3-4k negative cash flow for living expenses is ok, as any house w mortgage would cost that.https://docs.google.com/spreadsheets/d/1tfbjOlyVsGW3nHLVPk_R...Key questions/assumptions:- Total for this deal in cash is 300k, anything else (reserves, renovation loan etc) would need to be a bridge loan or hard money- 1 unit is vacant and current rents are VERY under market, projected rent is what seller gave as realistic.