But then again I haven’t spoken to too many people who had a pandemic contingency plan...Dane Co has widely surpassed their own growth projections over the last decade.

Unless you plan hold this property for 10 years+ the cash-flow probably won't surpass those costs.

Usage typically wouldn’t surpass that amount so we made a little money on water monthly.

@Corina Eufinger once I have a cash flow that surpasses my living expenses, I would like to move into larger multi family properties.

I think from now on, I'll raise rents around 5%- or enough to surpass inflation.

San Francisco has already surpassed it's 2006 peak, while Sacramento is at June 2004 levels (peak was in August of '05).As far as development opportunities go, it really depends on what kind of development you're looking to make.

That is like spending $20K for a house and renting it for $600, way surpassing the 1% and 2% rules.  

Why because the family strains that may result could well surpass whatever profits you may or may not be making from this project. [2] Partner with a rehabber and be honest with them, just as you've been with us here.

I personally know people who went quickly from nothing to crushing it--far surpassing me.But for most of us it is going to be a slow road to success.  

It won't be the crazy wild west like last time, but interest rates and property values can only go so high before the supply surpasses the demand and the market shifts into the favor of buyers and sellers start competing with each other by lowering prices.You could purchase a small multifamily property here in Sacramento for $300k or less, see a positive cash flow of $500 per month, have the tenants pay the down the property for you and still make money when you sell it in a couple years at the peak of the market.