I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

You need to be putting away quite a healthy percentage for the later years.

Without the ability to do work yourself, have labor at cost (if you are a contractor - for example), or have market appreciation help you in the renovation period, a full BRRRR or healthy margin flip for a new investor is really difficult.Thanks for sharing.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

But with all major repairs done and a cash flow of $4000/month (with healthy allowances for maintenance and cap ex) we hope to start taking a monthly cash out in a year or so....

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

so that gives me some flexibility... but it just has not 'replaced' a healthy W2. 

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

However, high ground water levels, like those after heavy rain, can submerge leach fields, causing "over saturation" and system failure, leading to potential septic backup in the home and, if Santa Cruz County Environmental Health is notified, could trigger a ATD upgrade requirement.