Congrats on the properties you've already acquired and your goals for growing. 

Do you know the average market time to sell in the area you are acquiring the property? 

In our current situation we are saving 4-6k a month and look to boost that to 5-7k a month in order to acquire more properties.The end goal is to be able to live off the passive income in 8 years.

How does everyone handle rent increases with new home purchase, with existing tenants? Been there a lot of years and high points from previous owner. If they move house will need probably $1,500 in general cleanup/reh...

He believes it is a property we can acquire for under $100K and Rehab to have an ARV of $200K.

I have now acquired about 35 rentals in a very short period of time (15 months). 

I'm looking to potentially acquire some properties there.I don't have any colleget properties in my portfolio yet.I'm curious of your experience. 

You will still have to hustle to acquire tenants, get them to pay rents consistently, then out of those profits, you still have to deduct vacancy factors, maintenance, management, taxes, insurance all of these items will affect that 10% hypothetical return.    

@Paolo F.If you acquire another investment property in the future - you should claim depreciation when the units are placed in service(once the units are in livable condition).Regarding the property you purchase in 2017 - you may need to start claiming depreciation on your 2018 return by doing a "change in accounting" which allows you to include the missed depreciation from 2017 onto your 2018 return.I likely would not do this on your own.

Any new construction is about high 100's to low 200's minimum these days because cost to acquire land, entitle it, labor, and construction materials have all gone up.If you are buying 150k below type stuff it can be very tough as existing properties you have home buyers, local buy and hold investors, flippers, out of town all cash CA type buyers who will take less yield to get into a market, etc.