The cash on cash return is only meaningful when you evaluate it based on your long term plans.

Except you insist on giving the OP a "yes" based on the generic strategy (A) while I insist on giving him a "no" based on his specific situation (B).To answer your question to me - no, I'm not trying to be controversial.

This is where my mistake comes into play.

Reverse engineer the list of most recently acquired hospitality business built or bought within the 30-40mile radius, You’d be puzzled at how much capital they have to play with.Crowdfunding or Real Estate Syndication: Platforms dedicated to real estate investment might have investors interested in backing a boutique hotel project.

Exactly 1 year later my first tenant moved his family in where his kids and dog can play in the massive yard while raising 2 cows in the barn.

Hi Robert,Given you are looking to buy another rental (long term), a cash out refinance on the existing property would be a good play here.

My endgame is to end up with $300k/yr in post-mortgage income in 20 years based on investments I make now followed by continued investments over the next 10-15 years own.

The already-constructed home is one point on the base of the triangle, and the other plots comprise the rest.

Furthermore, prospecting pre-foreclosures allows investors to play a pivotal role in helping distressed homeowners.

Is this a cash-flow play or an apprecation play?