So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

It's the boring places that probably won't appreciate above the rate of inflation that will provide real month to month income. 

Excited to learn while I earn.

As an investor friendly real estate agent in Sacramento California, I have been encouraged by my amazing real estate broker, Noah Laker, to join in the conversations you all are having about real estate investing.I feel very lucky to have joined the team here at Hardin Realty & Property Management in Sacramento and all the excitement real estate has to offer.

So, not to say this will be your experience, but as others noted, not only do markets move in 12-24 months, but even your actual numbers can be up for debate. 

@Neshera Nasir It looks like you're going to rent each unit for just over a $1,000 per month, is that right?

And now you have a significant monthly cash-flow, enough to live off. 

We'd get them printed monthly and once a month would go to Newark to pick up truckloads of bundles of new books, which I then delivered to grocery stores, pharmacies, etc as my father pulled up in front of the stores.

I used to manage my SFR portfolio but turning it over to a good PM was the best thing I ever did.Your indicate PM will cost $1000 a month in cash flow.

Then you need to find your sources to help them.