And truth be told, a 6% ConC return year one is hard to find but let’s stipulate to that return.To get $10,000 a month, $120,000 a year off 6% annual cash on cash, how much capital does one need invested?

Another thought - are you considering an FHA loan on the next one?

Hi Myles,I found myself managing about 20 rentals through my brokerage at one point.

At one point I talked to my financially advisor and he said that it would be smart for me to open a HELOC on the property, but not draw from it, except in the case of emergencies.  

I get FinTech is a high-risk activity, but imagine the industry will consolidate to one or a few strong players.

Connecting with local GC groups in your area will help you connect with subcontractors, find out tips and tricks of the trade in your local area (since all areas and their real estate differ slightly).Also, have you considered the motivation behind building a brand-new duplex versus finding one on the market?

One of the properties is a three bedroom with no garage that the tenants pay on time but require more of my time than the others .

That's one of the arguments for not clearing.

One thing I can see though is the folks that lost houses on the water in Malibu .. might be tough getting permits to build on the ocean front again that I could see.

-- How many and which websites is it on overall?