Insuring 1-4 units is a totally different animal than 5 or more...

I called animal control and the city myself and facilitated the process getting a bear proof dumpster. 

The $300 cashflow is a gross number though - you will invariably have expenses that will eat into this number.

It seems like that would eat into the returns and you can't get positive cash flow for a while5.

I have had investors pull equity from their homes in the phoenix area to buy cash flowing properties in Fayetteville and similar areas, because the price growth in the phoenix area generates amazing returns.It depends on if you want cashflow now or delayed gratification later.Keep in mind that when you do sell, there are costs to selling and depreciation recapture  and IRS taxes, which eat up most of your "equity" growth. 

Took about half a year to learn how to walk, talk and even eat again, but bounced back to my love for real estate investing and the two things that transitioned me from just wholesaling to actually buying deals as an investor was creative finance and private money.Bought my first rental property in Easley, S.C. owner finance and one of my best rentals I still own today was bought subject-to! 

Inflation will always eat away at the value of the dollar, so 10K a month won't provide you the same lifestyle in 20 years that it does right now.

According to several websites, and an AI summary, $100 per month is average for a 900ft apartment this time of year.Switching to electric would make the tenants responsible for the bill, but you would eat the cost of installation and it may drive your rents down because electricity costs are probably much higher than the gas you currently pay.I recommend you do more research before switching anything up.

If it's not then maintenance can easily eat away at your returns.

It’s an incredibly powerful way to get cash-flowing assets under your name with little to no funds out of pocket.Trying to use it without being an owner-occupant is equivalent to wanting to have your cake and eat it too.