@Phillip Dwyer where do sfr have a n annual roi of 20%?

I would typically look at APY (annual return) and ROI (total return on investment).

As you can see dealing with tenants can be a pain if the right structure isn't in place especially when you start scaling.Options open for real estate investing will mainly depend on capital to start and expectations of annual return versus what kind of headache you are looking at dealing with.

Here my complete analysis:Purchase price:$147,500 Rehab cost:$0 Rent:$1,500 Exp, vacancy, capital %:50%Loan rate:4.50%Loan term:30Down payment %:20%Down payment:$29,500 Loan amount:$118,000 P&I payment:$597.89 Expenses, vacancy, capital:$750 Net Operating Income:$750 monthly cash flow:$152.11 annual cash flow:$1,825.34 total investment:$29,500 Cash on cash return:6.19%I think you're making a couple of invalid assumptions.

E to get at the # of days you rented the property in a given year, and annualize it).

.- Lets use the 50% rule for ongoing expenses.So after you've gone one cycle of option 2a (that is you're done paying the first property off), the numbers look something like this.Cash Invested: 108000*Gross Annual Income: 14400Expenses: 7200Debt Service: 0Cash Flow: 7200* debt service while you're paying it off isn't counted, because the rent covers it.So, you've got an income of 7200 on 108000 invested, or a 6.67% return.

On the weekly rentals you have to make the entire year's annual income in 12 weeks, because in the 40 week off season the demand sharply drops.

(Probably not an issue unless there is some violation) Don't put a NOO residential 1-4 rental in a commercial loan line of thought, the Act is clear about that, it is not a commercial loan.You mentioned a Trust, in such a case I really suggest you pay attention to the marketablity issues as Trustees/Administrators don't like notes (I know, but I have one using par as the value, some don't) as a Trust is required to give an accounting of the assets in Trust at the market value annually.

I would allow 7.5 to 10% for vacancy and non collectible and with 3 doors average at least $2000 to $3000 annually for maintenance.

Just wondering if you landlords out there institute automatic annual rent-increases.