Have cash flow surpass 6k/month. 3).

The Biltmore house probably won't be surpassed anytime soon with 175,000 sf of house.

Hopefully you will surpass your goals! 

Other times a more seasoned debtor doesn't care as they know it is a bluff because the amount owed is so small that the creditor or attorney will not pursue legally because of costs that may surpass the amount owed.If those do not work then another avenue is a judgment debt collection company.

But once we have tenants in all 5 units, for the first time the rental income will surpass my active job income. 

In the last couple years, some areas (ones saddled with a lot of bad loans that were hit the hardest) have doubled from their lows and areas that were more stable (generally nicer areas) have surpassed their 2006 highs.As an investor, I correctly took advantage of this swing during the last several years and am continuing to see appreciation.

What Jay said is in effect right; costs have surpassed what the lower class can afford and thus housing isn't being built for them.

Good to have a structured way to pursue your goals, bounce ideas off others, and hopefully prod each other a bit to execute on our goals if we're not already surpassing them..

Projected rent growth for the area is another metric as well.You could start out with a lower return to begin with but an area experiences much higher rent growth and you surpass the initial higher cash return another property you were considering was throwing off. 

The trade-off I haven't seen discussed in this thread is the questionable upside potential of markets such as Pueblo, Indianapolis and similar ones where the 1% rent ratio is easily surpassed.