Please let me know your thoughts… or if I am way off base on what you were trying to accomplish.

This post does not create a CPA-Client relationship.

I have a client in KC that rents a large home in the urban core to a social service org in the area that feed him tenants.

Most of my CFO clients that are in residential development are looking for IRRs (usually over a minimum 5-year period) in the high teens and the commercial developers are looking in the low to mid 20% range.

We can only hope future clients get their expected return.

Therefore, do not input client email addresses in RentRedi until you are prepared for RentRedi to begin sending requests for action to YOUR tenants.  

Consult a CPA or advisor experienced in self-directed accounts to ensure compliance and maximize benefits.This post does not create a CPA-Client relationship.

So I guess id say my venue dream is on the back burner while I accomplish a few other goals in the meantime. 

@Mike Terry Yes, it is conservative, but that's because it's the operating expense margin that most of the banks I work with for my clients use in their underwriting.

Recently one of my clients purchased a $120k single family house and is currently renting it out for $1550/mo.