See your buyers list is like money that you can have instant access to as long as you can find properties to support the cash buyers you have available.

We would like to have instant equity built in with future diversified retirement/ income once Reno loan is paid off.  

A good contractor won’t take a look for nothing and will instantly look down upon someone who wants them to take a look for nothing.

So in your example, using this 50% rule, your monthly average repair expenses would be $2100 per month, or a net loss to you of -$1100 per month.And yes, investing $50k should make much more than what you have quoted... especially since you will be an instant landlord of 3 people...

Instantly I get the answer.Paul

For primarily buy and hold its not instant gratification however over time is sure makes a difference in your life.

I'm trying my hand with real estate investment.Real Estate Goals:To invest in tax liens and rehab residential properties for instant cash flow or flip.About me:I'm a car and music enthusiast.

While it's rare I have to cancel on guests for any of my rentals, it's certainly happened where an Instant Book rolls up where comms look something like this: "coming up for a bachelor/bachelorette party, really excited!" 

Look for instant equity, a deal, special situation, or maybe you find a home that has been under performing as a rental. 

@Yuan HeEssentially I treat this the same way as I treat the lease agreement reading $200 higher than advertised and using an instant rebate for on time rent.