I have 10k saved up and earn about 35k annually.

Cpa cost him 5k annually.

The property delivers an 8-10% annual cash on cash return and has ridden the recent market upswing and appreciated about 25-30% in value since purchase (March 2016). 

If we all had 20/20 foresight, we’d just buy Apple or amazon or Microsoft or google stock with 50-100% annual returns sometimes and live our normal lives while our investments exploded in value.

@Josh Oaten and @Ashley Wolfe, you bring up interesting perspectives regarding MF and 1031. 

@Ashley Wolfe getting an Airbnb license as a non owner occupant can be really tough.

Worst case scenario is that you increase your annual income by $4,800.

We suggest that the two oil fired boilers be professionally evaluated and serviced by a licensed HVAC technician now and annually.

So, I come up with 25% for six months or 50% annualized.     

If you take out more than the balance of the credit cards, you will now be paying 7% (+ or -) annually on money to buy properties that yield more than 7%.