Does property A depreciate at 185K/27.5 and property B depreciate at 120K/27.5 annually?

For me, I don't want 300+ pieces of paper, 300+ annual renewals, and dozens of violations to deal with. 

Hey @Anthony M. removing the pool from your property will give you a lower annual insurance premium.

If you invest broadly for the long term (20-30 plus years) you’ll likely be fine.I know someone who has averaged 11 percent annually since the early 90s.  

I do not have any intention of selling/buying with clients full-time; however, I find that I typically work 3-4 transactions annually for myself or friends/family.

Think about going higher around 8%.8% Management - while you can probably find a PM to manage the unit at 8%, keep in mind a lot of PM charge annual fees, lease up fees, lease renewal fees, etc.

I feel as though we miscalculated something.One unit yields $400 in rent (1 bedroom) and the other yields $800 (3 bedroom).Total Rent: $1,200Duplex Price: $67,000Down Payment: $3,350Repair Estimate: $2,000Closing Cost Estimate: $1,500Total Investment = $6,850We factored in:Mortgage: $340Mortgage insurance (we would have a low down payment): $40Home owners insurance: $67Property tax: $113Vacancy savings: $60CapEx: $60Repairs: $60Lawn/Snow: $120There are no HOA dues.Total costs: $860So, our monthly cash flow should be $340.Annual cash flow $4,080Total Investment $6,850ROI: 59.5%I feel like this return is far too high.Is there something obvious we're missing?

When you do sell reserved spots, do you include it in the lease or have it available as a monthly (or annual) add-on?

We looked into several scenarios: making a few loans at 10% vs one per year vs. buying a rental property (with and without leverage) and the administrator fees will eat 40-60% of net annual income.

One of them presented a new deal to me but I see there is an "origination fee" of 1.5% that goes to the managing partners of the LLC (they also are the property managers and take a 3% of gross as fee but only after 7% pref rate is returned annually).