I was astounded to find such a generous community with information readily available to share.

Every time I looked at these properties and ran the numbers, taking a generous reserve based upon the age of the units, I couldn't convince myself that I was getting a CAPX that was acceptable.  

That's where you might want to start.Of course there's plenty more, but once you've done the above, you'll come up with more questions, which I encourage you to ask - folks are very generous here.

I was being generous with the numbers to make the resultant as rosy as possible.  

Some are generous enough to give you an hour to go get your cashier's check.  

Scenario 1: Buy multiple cash flowing properties in the Midwest and keep renting in NYC- Earn 15% cash-on-cash return per year = $30k per year x 10 years = 300k profit - Very modest appreciation (let's say 100k to be generous) - Total profit = 300k + 100k = 400k (I'm being very generous here)- Keep in mind if you sell the homes at the end of the 10 years all your profit is taxable since you don't live in the properties. 

It has been a wealth of information for me, and you'll find some of the most generous, kind hearted people on this site.

I also think you are very generous with the increased yearly values.  

He's also trustworthy and generous; we've know each other forever. 

I think what you're thinking of offering the tenant is too generous though, that's basically 6 months of free rent.