If you have $400K in available assets and are looking for $10K per month in income (or $120K in annual income), you'll need about 30% cash-on-cash return to achieve your goal.A few thoughts about that:- Without risk, you won't achieve that right off the bat;- Without leverage, you won't achieve that right off the bat;- For a more realistic shot at $10K per month, you probably should expect a COC return closer to 15-20% maximum (if you're knowledgeable and experienced), which would require a bankroll of about $600-800K.So, unless you're willing to take a lot of risk and/or use a lot of leverage, you probably won't to grow your capital by 50-100% before you expect to achieve your goal.Depending on your skill level with real estate, your chosen investment vehicle(s), your ability to participate actively in your investments and your motivation, I would expect that 50-100% growth to take anywhere from 2-5 years.

The note guy I'd chosen has had to deal with some very seriously medical issues recently.

Would suggest reading the forum threads specific to your chosen strategy.

Whether it is turnkey or house hacking or trying to wholesale a property - whatever your chosen endeavor, you need to have someone with some legs beneath them as an investor to speak with. 

The less comprehensive option ($25 - credit based resident score and National Criminal Background Report)If unsuccessful, what are your 'fair housing' tips/tricks to soften the blow of letting someone know they weren't chosen and you won't refund the $40/$25.Many thanks as always, 

I am not saying mine is anything magical and i am sure it can be improved upon.Hall BathRemove existing flooring and replace with tile & grout to be chosen by companyRemoved existing wall tiles around tub, repair/replace any moisture resistant wall board, retile walls with design and tile chosen by company.

The only way to avoid this is to put it in a S-Corp or a C-Corp, which I have chosen not to because of the tax implications upon selling You can try Pen-Fed credit Union who will do HELOC on investment properties.  

That is the metric I have chosen to focus in on and make decisions around.

I have reached out to my lawyer to look into it as well.I would think a third party appraisal chosen by the nursing home would clear up the price issue, but according to the listing agent it seems they have no desire or care to entertain anything. 

As @Lee Ripma mentioned, there's a few otheroptions out there:buying long distance out of statemoving to a new marketInvesting long distance is the path I've chosen because both my wife's and my family live in Southern CA and we just view the cost of purchasing our primary home as the "tax" we have to pay to live in Socal.