Then you can go off to repeat it to infinity.

YasHey, I haven’t said I can buy now for $40-50K and Rent for $1200 :)) I think I can but it would be rather an exception not an average Off course, the house is going to be refinanced later and for that $72K all in house I expect $95-100K (it was appraised at $125K couple years ago and the values still go up), so the cash-on-cash return will be infinity....lolBuying with cash in this market is the best - everything worthy get sold on multiple offers and any financing is not considered - just cash.I don’t count CoC returns as real: only Rent to price is the number.

He is so inspiring and is an absolute wealth of knowledge in finance and self growth.

I was a stock broker for a few years and have worked in finance for about 10 years.  

To have infinity wishes!

I use credit unions or small local banks for every condo purchase even when they do meet FNMA guidelines because the process is always simpler and I have less issues in final underwriting.  

I have a Economics degree with an emphasis in finance, so I have experience running the numbers and doing extensive research. 

The problem executives/everyone has with IRR in finance is that it presumes you're able to reinvest each dollar of profit back into the investment as soon as it's in your hand.

However, I will say that often times a law or regulation that would relate to something like this will not result in civil liability to an affected property owner, but can certainly result in fines or other penalties from a governmental agency. 

I did an inventory of my tenants and most are in fine shape, and will continue to be.