Trying to take patterns that hold true over 20 years or 50 years and *assume* that the next 5 years will yield the blended average return of those longer timeframes isn't something I agree with.Okay, I'm ready to receive my virtual-flogging now...  

Are you hoping to gain long term appreciation, cash flow, or a blend of both?

If you have functional builder-grade linoleum countertops that work but aren't pretty, in our market we can spruce those up cheaply with either Rust-Oleum or a custom-blended product similar to Rust-Oleum (we used the actual product I linked on our first couple and now we are custom-blending our own to give us more color options).

Then you need to be able to execute making the experience seamless.

This is because being a landlord is usually a team effort, particularly when you have several tenants to manage.A professional property manager can help make you some extra rental income by making sure that all the day-to-day operations run smoothly and seamlessly in a cost-effective manner.

There is no mortgage on the house.We also own a second home that we rent through VRBO and plan to transfer that to and LLC as well.Would love to hear thoughts to make this seamless and cost effective.

Any tips/tricks to make it a more seamless process.

Most people out there don’t have a background where they can code a webpage and link everything together into a seamless website.

@Matt CamilliereI shoot for 1.5 (blend of your choices).In the Midwest the highest cash flow ones usually have lowest appreciation potential and highest risk (less desirable, declining areas) I think of it like the difference between risky stocks vs blue chip stocks that pay a more predictable dividend with a little lower appreciation potential.

Due to his expertise, I had a seamless transaction and am now cash flowing with a 30% coc alongside $10,000 in equity gained from the rehab.