Gross annual income".

If the stock market were to see annual gains of 20%+ for a few years then a large number of people would stop being Saturday afternoon landlords and start being 'stock gurus'. 

I find those type of investors are fine with an 8 to 10% return or better on commercial assets. 18% off of 100,000 invested is 18,000 annually pre-tax.

I had to extend the analysis over 10 years for Frank Gallinelli's methodology since first year has a higher cash flow as capital costs are zero (since rehab is factored into the loan) but is a 6% of annual rent year over year.

They save a lot of money in annual filing fee's with the state.  

I've tried convincing my wife to do Airbnb, to offset the $15-$25k annually that we would be paying for the condo, but she wants this place to be solely our home.Looking for any creative ideas from this community.. its hard for me to justify paying that much unless we're actually living there for a majority of the year

Annual Premium - FHA loans have expensive private mortgage insurance premiums (which is required of all loans where more than 80% is still owed), tacked onto the interest rate.

That's only a 40% ROI or 8% annually on average.

In Calif, each legal entity will cost you $800 per year and require a list of members to be filed annually.  

For purposes of discussion here, assume the HOA is well run, the annual operating budget is sound and the account balances for reserves are within the guidelines set forth in the most recent reserve study.