Annual Cash Flow form the property / what you paid in cash for the property = cash return on your investmentOverall return will include things like principal paydown and growth in equity :)

For me even if I can replace my entire income I plan on still working to save more money to really accelerate my growth.  

@Wesley MullenYou’re getting an immediate return on the 401K match plus you will likely get long term growth on the stock portfolio.

The property has plenty of room to force equity and rents are a couple hundred per month under market, so growth potential is there.Percentage wise this is where I wanted to be (north of 20% COC), but from a pure revenue perspective I am only going to be cash flowing +/- $300 mo. instead of the $1k I was looking for in each property.  

If you feel comfortable in their ability and willingness to stay on and can handle most all tasks (I would not let someone like this handle the books) then maybe you can keep your current job and be able to handle keeping the business running for little profit. 

Unless you've done this for a while and your "older" portfolio CF positive and make up for the newer acquisitions' negative CF.This is a mechanical problem that generally keeps me in my slow growth path.

Also take a look at the grading of the surrounding ground to make sure water flows away from the house, not to the house.Siding can hide many damages, if you see patches or cheap siding recently installed, it is time to start asking , what and why.HVAC, how old, how old is the ducts, take a peak in the the registers, how dirty they are, HVAC handler closet, look for mold in this area, the condensate water drain condition and where it goes.Electrical panel model and manufacturer, google it for recalls.Floor carpet if any, I hate carpet because it hide damages and if it is secure you cant pulled it to look under, look for stains or cold spots, that is an indication of a wet spot. specially near baths Kitchen or egress doors.Kitchens and baths, old or new, try to look behind frig and dishwasher, they hide a lot of  water damages and are very subjectable for mold growth.

This deal is currently rented at $575 and market rents are $650 so they is room for growth and I have it calculated at a 16% Year ROI.

Gotta check the numbers on that, but my hats off to you..it's not an easy task.  

I look forward to getting to know each of you, and I hope there is some way I can contribute to the growth of your business as I travel my own journey.