Its percent of home payment to median income which has been skyrocketing over the past few years.

How did you achieve this type of cash flow?

After a few months of trying to work with my long term tenants (who have previously always paid rent on time), I finally asked them to leave for non payment of rent.

If you're a single mom with student loans, a car payment, and living paycheck-to-paycheck, then $20,000 would be devastating and a reserve is critical.

Purchase price: $250,000 Cash invested: $52,000 2013 Built in a Class B neighborhood of Houston.

Evict the tenant for non payment of rent.

Some of the repairs I did were from handymen or small contractors who do not have an invoice system or estimate on paper for cash payment like painting and rent ready repairs.

Aaron, your strategy of leveraging equity through refinancing to pull out tax-free cash while maintaining cash flow makes a lot of sense, especially with the stability of W-2 income.

They will cash flow like crazy.

You likely only made a down payment of 3-20% ....but you still get to write it off on the full value across 27.5 years.So 400k/27.5 = 14,000 ish a year of a write off where during the year you didn't need to incur an actual expense, no cash outflow.