It keeps him interested and busy but he sees I was right on with my student rentals compared to the stock market.

I compare that to the trulia crime map and stay away from the red areas.  

I console myself with the fact that compared to higher education that is relatively cheap tuition. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Cash flow is great, but it can feel incremental compared to the boost you get from equity plays.For me, it's more situational.

Long and short, when I now look at my "return on Equity" numbers as opposed to my casual on cash return numbers it makes all the sense in the world for me to sell.Wholesalers contact me at least once a month the past 10 years and are always asking if I want to sell one of my properties, but I'll be hard-pressed to ever find a wholesaler that wants to pay me for what these properties are worth and is also willing to buy all the properties in one transaction which is how I'm looking to sell.Given how good our return numbers are here in northeastern Ohio compared to the parts of the country I know that out of state investors would definitely be very interested in in this portfolio.

Cost of Borrowing: Compare the interest rates and fees associated with a HELOC or cash-out refinance to the hard money loans you’ve been using.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

With three of these houses, he will make $2100 a month, which is comparable to the $2300 he is currently getting. 4.

Consider a market that you visit often, have family in, went to college at, spent time in the past.You will have a better sense of what the good / bad parts of town are compared to a city you never visited.Best of Luck!