Let's say homeowner accumulates $5K of equity over the first few years, so now: $100K house, $10K total equity, $90K outstanding balance, $10K to go before reaching $20K equity and removing PMI (which hasn't changed).

So, I think it's awesome that you've accumulated 11 units in such a short time and are not losing money. 

If you use the HELOC and leverage more with cash out refinance, you can accumulate a lot more with BRRR strategy.

The return you talked about over 15 years is too small for you to accumulate wealth to an interesting size.

It seems like more investors go for these types of properties because they are affordable and can accumulate more properties for their portfolio.

If you add equity accumulation to cashflow, you quickly get deep into double digits, as far as returns are concerned. - I strongly believe that turnkey investing makes sense, but only if you work with the best companies.

1) make sure your lease includes a clause to maintain the unit in a clean and appealing manner and to not allow waste to accumulate on the grounds.2) send a NOTICE TO PERFORM (registered), "citing the filthy conditions and the city citation. 

The primary reason people seek job security is because that is what they are taught to seek at home, and at school…then, with accumulated debt loads, they clinched tighter to their job or professional security just to pay the bills.The rich don’t work for money.

Real estate can provide monthly cash flow, wealth accumulation, and tax savings noT available with any other type of business.

I have made a lot of money just by knowing what's going on around town and being able to point people in the right direction.I spend about another hour going through accumulated keyword alerts from BP.