In addition, you've got your HELOC on your primary you'd have to be paying back also.

Quote from @Cameron Moore: Exactly. 15 years ago, I noticed an increase in owners using insurance to pay for a replacement roof, usually to sweeten the pot during a sale.

Because instead of collecting one rent check per month, you’re collecting multiple payments from different tenants.

Keep in mind of the I/O(payments/period) and game plan on how fast you'd like to pay it down. 

Up to the investor to decide what it is that they want to pay for.

I typed up a message in a thread and clicked post.

If you throw away 30 linens per year without getting reimbursed, it is $1,000.

Quote from @Makani Donaldson: Even when the market was great for investors (2012 - 2020), most investors would say good cash flow was $200+ per unit, per month.

So if you buy a 5 bedroom house and rent the spare 4 bedrooms = you can still sell tax-free under the 121 (you just pay back depreciation) If you buy a duplex and rent 1/2 and live in 1/2.

I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...