Then you can have tens of thousands in principal paydown as well year 1.You are not going to get 10,000 a month off of useable cash flow for 900,000 investment with a diamond NNN property and tenant especially in the 3 million range for STNL.If you were buying a 10 to 15 million property then the cap rate can rise some as pool of buyers is smaller so supply and demand.Many of my clients are high net worth or ultra high net worth.

There are a lot of great resources here on BP including the podcasts and I believe there are a few free books as well (including the Bigger Pockets Ultimate Beginner's Guide).You should also check out some local real estate investor groups such as Black Diamond REI in MA and the RI Real Estate Investor Group in RI.And of course if you have any specific questions post them to BP and I'm sure someone will be willing to help you

I’ve been to the RI real estate investor group that meets monthly in Warwick for many years and have also attended Black Diamond REI in southern Mass sporadically over the years too, and can recommend both groups as they are education oriented and don’t try to sell you anything.House hacking is an excellent first step and is usually one of the first things I recommend to new investors who ask how to get started.

     Hi David,Congrats about deciding to learn Real estate investing..Boston is an expansive market but also very lucrative once you find your niche.I'm a buy and hold investor and have done 1 fix and flip so far.I'm also a real estate agent.I would suggest you join a REI club like the Black Diamond event in Waltham.

I would suspect that it would take less than 3 minutes to cut through the sidewalk, and I expect that a good diamond blade would be able to cut for many hours before needing replaced.  

Even in Phoenix that is at an insance seller's market since about mid-2020, I found an ON-MARKET deal on MLS searching for diamonds in the rough.

Purchase price: $130,000 Cash invested: $160,000 Off Market 4Br 2Ba SFH in Eastown off of Cherry & Diamond.

Christian, thanks for your reply and reaching out to a new investor.These are all great avenues, but trying to land on the correct one is the issue for me.I am very good at remodeling homes and seeing the diamond in the ruff and what is needed in order to repair a home and the cost and labor that goes with that, I have grown up around this. 

Who knows maybe there is a diamond in the rough.  

You could do it with diamond blades and carbide blades, but it would get really expensive with carbide blades and be very slow with diamond blades.And again, breaking out the clawfoot is only the tip of the iceberg in replacing one of them with an alcove tub+surround.