I suspect you'll be closer to $100/month.As @Brandon Cooper pointed out, property management is usually 10% of GSR.I shoot for deals that cash flow $150-200/unit/month and have a mid-teens CoC ROI or better.

I aim for deals that cash flow $150-200/month/unit and have a CoC ROI of mid teens or better.

Additionally, I have a number of books for kids and teens.

I invest by myself ( with my teens helping). 

The ±30,000 square foot facility includes a fitness center, a business center/library, a gym with multiple basketball courts, community classrooms, preschool classrooms, a youth center, a teen center and a senior center.

I see plenty of deals that are 5-7 year holds with mid-teens IRR, which means even if you're getting a preferred return of 6-10%, after the sale, the expectations are to have a much higher annualized return 15-20%.

With two teens and a job, I'll do my best to post, but for now it's mostly reading and loads of questions. thank you in advance to everyone who contributes. 

1) Will we need to prove that the teen was working for a company and was on a business assignment?

I see plenty of deals that are 5-7 year holds with mid-teens IRR, which means even if you're getting a preferred return of 6-10%, after the sale, the expectations are to have a much higher annualized return 15-20%.

When my teens sleep in until noon or 1, my first thought isn't 'awesome, these guys are crushing it.'