I have clients in Kankakee and Dekalb with larger holdings of 1-4 unit frame buildings, and those are anywhere from $300-$600 per year.  

I'm looking to purchase a 3-family home in Massachusetts to renovate and rent out.

Here are the detailsOwner purchased the property 20 years ago for 200k & then renovated it couple of years ago and spent 400k-450k.

Six months after closing, the property is now renovated and occupied with new tenants, allowing me to make a profit of over $400 per door.

They were both a straight purchase and renovation.

The business seems much larger, since there is 17 locations in the area and was told there are thousands of offices nationwide...Commission:level 1: $0-$25k 60%level 2: $25k-50k 65%level 3: 50k-70k 70%level 4: 70k-100k 75%level 5: 100k-150k 80%level 6: 150k-175k 85%Level 7: 175k +     90%Fees:$300/yr, E/O insurance$100, new agent setup fee$75/mth, marketing fee$72/per 1000 business cards$18/per name badge$225, FAR/NAR Membership initiation fee$460/yr FAR/NAR annual membership dues$90, MLS setup fee$350/yr MLS annual membership dues$50, supra key setup fee$275/yr, Supra key annual membership dues$110, lockbox purchaseFlorida Luxury Realty from the beginning was kinda hidden off the road, the office is hidden in the back of a business complex in regards to the one office i specifically went to, its very clean and professional looking, just the office overall is not very lit up or fresh looking...and when i dropped in there was noone at the location outside of the clerical person at the front desk from what i could tell, most of the office was completely dark...

Originally posted by @Tyrone Hardy:@Brent Coombs  I am new to the investment game and was hoping you could provide more information on what house hacking is.ThanksI believe it's a term invented here at BP by @Brandon Turner, and implies that you would be buying your owner-occupied home for the purpose of renting out a portion of the property that you don't need for yourself (so, usually a duplex or larger), to lessen or eliminate your own expenses of living there, vs what you would otherwise be paying in rent.

I'm investing in Weatherford, and I've heard investway works better for larger metro areas.

There is about $14k total owed (payments and taxxes). this was going to come out of the $55k, and with the remainder I had planned to try and get a loan to buy a house with about $30k down, and spending about $7k on the renovations to make it handicapped accessable.

But they also COULD show that the ratio starts decreasing (or increasing) with larger square footage.