I financed the acquisition of the land with personal and private money.

Plus, that is the cheapest that money will ever be for you.  2.65% interest rate? 

I doubled my money!  

I was able to get my money back in using business line of credit without touching or doing anything to the property.

Our cash on cash return is essentially infinite as we make money on the delta between the yield of the discounted note that we purchase and the interest rate we pay to our passive private capital partners. 

I think $10k/mo is good money, other people live in expensive areas or have higher taxes and need $20k.

It's real estate in markets with population growth, it's pretty hard to lose money if you get an inspection and appraisal.

I bought this property with a private interest free loan from a friend. the person i bought it from need cash fast so i offered them a low cash offer and they accepted.I had enough money saved up to rehab the house with my savings.

If you achieved this by paying all cash, then you are losing money. 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.