The third, I think I will break even or small profit, but it will be on the longer end of the hold, like 7+ yrs overall.I have not had any additional capital calls.

Cruz is a total dork, but a 3-4 week vacancy between Thanksgiving and Christmas is very normal.

Detroit is appreciating rapidly, due to many factors, and it still cash flows or at least allows you to operate near break even.

Will you please break that down for clarity at a newby level?

To scale successfully you have to get past the point where your newly increased expenditures exceed your increased revenue; past the point where your ROI allows you to “break even” on your investment, and past the point where the ROI is worth the increased risk, the increased aggravation, time, and “lifestyle” change, and past the point where you can step back from “operations” and concentrate on management.  

Owning has advantages that LL does not such as no vacancy, typically lower maintenance/cap ex versus being occupied by tenants, and often property tax breaks. 

I think we could break it down to central Wichita, SW, NW, SE, NE.

We just button down our lake house and hope to get a Thanksgiving (we did this year) and Christmas (nothing yet). 

During vacancy, I have to incur some costs, such as property tax, property management fees, insurance, and possibly property damages from break-ins.

The GC arm of your RE business will make you or break you.