Typical rates are 8-12% of income either monthly or yearly depending on manager.

The holder of the note makes no real difference; in Jane's case, it might be more advantageous to her to hold the note than sell outright depending on how she can absorb the sale from a tax perspective; in your case you don't have enough income to do a conventional loan so getting a seller carry can give you more properties.

The number of properties needed to generate $15k in net profit each month can vary greatly depending on several factors:Purchase price and down payment: More expensive homes require higher initial investment, but may also generate higher rental income.

They too answered my laundry list of questions to great satisfaction and I got a great vibe from them and left feeling like they had a strong sense of the Indianapolis market, having been long time investors there as well.I have not hired either as of yet, as I am still in the research phase; so far either company seems like a great bet to meet your needs depending on what you’re looking for.

In regards to learning more about real estate and maybe how to answer those questions I'd recommend listening to BiggerPockets (Rookie and Real Estate Podcast), there are also some market specific real estate podcast you can check out depending on the area you want to invest in. 

It depends on your personal situation, how much extra money do you have saved every month that you can spend to purchase properties.

Hey Jacqueline,Welcome to BP.If you're going for a DSCR loan for a residential investment property, you don't need an LLC; you can do it with most (if not all these days) DSCR lenders/brokers depending on your state.All DSCR lenders/brokers will require you to personally guarantee the loan, but you can do it either way, with or without an LLC.Stephanie

Of course it depends on the block, what neighborhood, etc.

that COULD BE looked at as your COCR in moving around this equity. but to answer your actual question, it depends on your long term goals. if you want a million units you'd be better off in multifamily. if you want a small but mighty portfolio that you're always optimizing, maybe have some STR some MTR in there, self-manage, keep it simple... you could stick with SFH and probably have an easier time managing.

Then depending on how much your gas bill is how long would it take you to recover $1200?