Here in DFW/North Texas, the rates are almost 2x as much as they are in Austin, TX so it can vary wildly. 

THAT SAID, I used some really wild *** guesses in coming up with those numbers.

Having positive cash flow is just icing on the cake for your hog wild retirement.Quit thinking about trading time for dollars.

So lets just take some wild guesses here:Professional Mold remediation guesstimate 10KFully gut and replacement of kitchen (depending on size and quality level of upgrades) can average 10K - 35K.Bathroom full gut and replace 5K - 15K (depending on fit and finish)Central Heat and Air for a 2 Ton unit 10K depending on type, and if you need duct work add another 3K-8KInterior paint 2KExterior paint 2K-5KUsing reverse cost estimating for contingencies add another 7.5K - 10K So just guestimating your looking at 95K rehab costs.

Governor Brown signed an executive order because of the wild fires last year stating landlords in Ca cannot raise the rents more than ten percent in a calendar year.

The quoted figures I've found elsewhere, referring to more geographically divergent locations, vary so incredibly wildly (3% to 30%!?)

But in 2017 we switched our model to buy and hold (mostly selling using lease options) in Arizona with a partner.Here is our units by year including primary residences:2010 - 2 (primary, 1 rental)2011 - 2 (primary, 1 rental)2012 - 2 (primary, 1 rental)2013 - 3 (primary house hack, 1 rental)2014 - 15 (primary house hack, 1 rental, 12 unit commercial building)2015 - 15 (primary house hack, 1 rental, 12 unit commercial building, 3 flips) 2016 - 22 (primary house hack, 12 unit commercial building, 3 duplexes 1 SFR (out of state), 6 flips, 1 sale on seller financing)2017 - 51 (primary house hack, second primary with house hack, 12 unit commercial building, 3 duplexes 1 SFR (out of state), 6 flips, 1 sale on seller financing, 17 buy and hold lease options)2018 - 74 (primary house hack, second primary with house hack, 12 unit commercial building, 3 duplexes 1 SFR (out of state), 29 buy and hold lease options 1 triplex, 19-unit Mobile home park)2019 - 97 (major primary house hack 7, second primary with house hack, 12 unit commercial building, 2 SFR (out of state), 54 buy and hold lease options 1 triplex, 1 duplex, 18-unit Mobile home park)As of the end of January 2020 - 115 (With the addition of the 6-plex, new mobile home park, and the other 2 single family homes in North Carolina)Our plan by the end of the year is to add 19 more units to the mobile home park, buy an additional 6 units in Arizona, and 21 more properties in North Carolina.We have felt some growing pains, but for the most part, it has been a wild ride.

,I have taken some courses on Multifamily investing, I have read some worth-wild articles and postings, attended a few webinars, as well as read into deeper Q&A forums.

The moderate ones just want a little tax revenue and a few mild regulations like no hosting wild orgies after 10 pm.

There is a great group that meets the 2nd Monday of every month at Buffalo Wild Wings on 44th out by Rivertown.