$500,000 after taxes is likely close to $325,000(maybe more or maybe less).Assuming cash-flow from rentals is offset by depreciation, you would need $325,000 of annual cash-flow from the rentals.If you can get $200 / door / monthYou would need 135 doorsYou can work on this type of math to figure out how much rentals you need.Be mindful that rentals require some type of work.

To be honest I wanted to dissolve that LLC mostly because I didn't want to continue paying all the annual fees associated with it

Short-term rentals require adherence to specific ordinances, and forming an LLC offers liability protection but incurs California’s annual franchise tax.

Originally posted by @Brian Winberry:We have purchased notes for as little as $960.00 and as much as $50K, but for the average they have been around $15-20K each... all of those having made an average return of 150% in an average return time of 3-6 months...You're saying that you average over 400% annual returns investing in notes?

You’re asking for less than 4% annual appreciation to get over 20% equity.

Las Vegas's average annual population increases by 40,000 to 50,000 per year.

So, with that, I'm coming up with about $23K in annual operating expenses.

Quote from @Gabe Chase: Quote from @John Underwood: Just curious how much do you spend annually on all the 3rd party software you use? 

Where I am, and we have a lot of units under contract for lawn care, we still spend about $1000 per SFH on annual lawn care.

Tenant had the option for an annual lease, but chose the flexibility of a month-to-month.