That's infinite CoC since you're dividing by zero.

Figure it out - the cheapest, crappiest kitchen cabinets you can buy off the shelf at Lowes for a 10x10 kitchen is going to run you $1500 without installation, counters, sink, anything. 

If the fixers are flying off the shelf above asking prices, you may need to meet the market prices or do something else.

That's why I'd put a big chunk of the money "on the shelf" where you cannot get at the principal (I'd even consider putting this in some kind of trust that would make it almost impossible to touch the principal) but where it gives enough cash flow to cover your base expenses each month.

(we do not pitch those, we usually have one of the contractors put it at their home on the shelf, LOL)Evictions this time of year are great because you get half of their kids unopened Christmas toys!

& int).Appraisal came back at $98,000Giving us a 6% CAP RateMortgage: 30yr @ 5.375%75% LTV gave us $73,500 back on our initial $55,041A few things I learned from this process:Even though our cash on cash return is still infinite, I still question if I will take the larger mortgage out on future properties.

You can leave it in there and say make $400 per month... with maybe $40k invested... or you refinance it, make $200 per month with ZERO invested (infinite return) and put that $40k into another BRRRR. 

Stating flatly that there will be another dip, is a bet you'd win 100% of the time if given infinite time for said dip to occur. 

For your unit count, each unit likely is not much work but my RE path has been different than yours and my unit count is small (especially compared to your unit count), but quite profitable.So the sentiment that nothing invested into it and getting some cash flow out of it does produce infinite return it true but does not place any value on the effort and RE is not passive.I do understand that you were trying to indicate by your post (i.e. that scenario is infinite ROI).

No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE- check out this article to learn more.4th pillar is somewhat similar - you want to separate your operations from your assets.