Hi @Joe CurryThe expected rate of return from an investor will vary greatly, depending on what your experience is, what the proposed project is, experience of the investor, the length of the investment, and the investor's appetite for risk.

I am building in a community which requires a fire suppression system (sprinkler) inside the house if the sq/ft is over 2500.

It all comes down to your appetite for risk.  

So after much thought and consideration of a variety of variables here's what I gonna do:Invest about 10-15% in some solid ETF's.Park about 25% with a well established HML.Invest about 25% in some 1st TD'sInvest about 25% in SFH's or 1-4 Unit MFP'sKeep the other 15% in $$$ for a rainy day emergency fund.It really depends on your appetite for risk vs. reward and your motivation to stay personally involved and hands on with being a landlord which I've been for decades and I'm over it.No more lighting pilot lights and fixing leaking pipes at 3am for this kid.

Hello,I have a question regarding fire suppression and fire sprinklers.

My son went to college in Grand Junction and houses close to campus do seem to rent like crazy there, so depending on your appetite for managing college houses, that may be a good way to go.One thing to consider though is that if the house is your personal residence for 2 of 5 years (instead of 1 as you mentioned), you can flip it with no capital gains taxes.  

Seems like California appetite is larger than ever out here...always curious to see where folks like yourself are buying properties, and who you are using with boots on the ground out here to help you procure them.Best of luck!

Renting at a good cap of 10%, with Triple Net lease.Rent for the condo, increased after 3 years, we finally have positive cash flow, with the 2 lease too.We sold our home, and relocated to a better promotion and bought our current home. we took out a loan ;pNow, our appetite for investment is growing.

I work with multiple investors and there are quite a few companies who have appetites focused on certain aspects of the investing world: ie flippers, buy and hold, multi-family or SFR rentals...etc.  

Once you hit your reserves for the unit whatever amount your risk appetite can handle, you can stop feeding that fund.