For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

https://www.forbes.com/sites/amydobson/2019/09/12/these-10-cities-will-be-the-most-vulnerable-when-the-recession-hits/#355288432aa1@Ryan SwanCan you explain the high tenant demand?

I must have tried to explain this, as you did here, at least 20 times (at least) on this site. 

@Chris KellyFind an on-site 3rd party to corroborate.

The entire site is listed with a bunch of hell-nos. 

**Comprehensive Content:** The educational materials provided are detailed and cover a wide range of topics, such as fix-and-flips, rentals, and creative financing strategies.

It’s free and that is one way to get free listings.judical states also have to file a lawsuit and you can search civil suits or contact sheriffs offices to get the calendar and listing for foreclosurespaying for a site is all in one and maybe worth it compared to how much time you are spending searchjngif you stay in one area then I recommend what I mentioned  

You list your property on their sites and wait for them to have a need in the area.

Stop with the guru sites, the videos, all that nonsense is pure crap designed to drive the lazy into highly risky investments or investment schemes that will surely see you make a little or lose a lot. 

.- if buying out of state, this brings about more risk since you're not there on site.