Commercial loans sometimes ask for annual reports.

That may very well equal 15% on an annual basis, but for me it helps to think about them separately as the 8% should be constant, but the second line will be variable. 

JeffListing Price:$159,000 INCOMERental Income$1,748 $.85/sqft.Garage$0 Laundry$0 Storage$0 Misc$0 Total Monthly Income$1,748 EXPENSESTaxes, Property$350 Insurance$100 UtilitiesElectric$0 Water$100 Sewer$50 Gas$0 Garbage$0 HOA$0 Lawn/Snow$0 Vacancy$100 Repairs$100 "Capital Expenditures (i.e. new roof)"$150 Property Mgr $0 Mortgage $705 Total Monthly Expenses $1,655 CASH FLOWIncome $1,748 Expenses ($1,655)Total Monthly Cashflow $93 CASH-ON-CASH ROIDown Payment $15,900 10%Closing Costs $5,000 Rehab Budget$5,000 Misc, Other  $0 Total Investment $25,900 Annual Cashflow $1,111 Cash to Start: $25,900 Cash-on-Cash ROI 4.29%

Rents are secure in multi unit blue collar and for me following the last dip in 2008 I still raised rents annually.

You should be able to turn the  free cash and deferred tax into $60 - $80K net of all expenses annually without banking on the back end and still getting depreciation the rest of the way.  3.

Note - Kansas City Missouri is getting very landlord unfriendlycurrently, you have to register as a landlord and its free but they also just passed a new ordinance that starts in January that requires you to register for a fee annually and be subject to tenant complaint and random interior inspections.It is my understanding both with run side by side, which seems stupid and redundant.They are also working on a new 5 year housing policyOne thing they are looking at there is that you will not be able to discriminate based on source of income. 

I've been presented with an opportunity to invest in a 7 acre parcel on a mountain in NC, and need some help evaluating it. 10% annual return on the $175k initial investment, and 50% of the net proceeds of each lot sale (12-14 lots). 

to my knowledge a Accredited investor is defined as someone who has annual income of $200,000, or $300,000 for joint income, for the last two years with the expectation of earning the same or higher income.

The fact that you have not raised your present tenants rent annually is a clear indication you are not yet ready to be a investor. 

They may ask you to pay a small annual membership fee.