This translates into $204K over the life, in addition to the small down payment.  

Eventually are plan is to combine the homes into an LLC and create a small business!

but that number does not go up exponentially as you grow your portfolio.Ryan these deals are not rare and are not going any where be fully prepared before you jump in... in non appreciating markets or small appreciation markets if you need to wait a year or so to be properly capitalized your not missing anything...

I hang my license with a small local broker.

My initial focus will be purchasing and rehabbing small multi-family property in the suburbs surrounding Milwaukee, Wisconsin. 

I am a landlord in Baltimore of lots-o-property, i manage my properties with a small staff, for years......and have seen just about everything.

I live in a relatively small town about an hour north of Washington DC.

If the broker or agent works for a PM company and gives half back that is 4,000 a year for managing a property.The money is way too small for the time and hassle for most.

I own a small biz that does online retail and it is registered as such.

I will be purchasing a small multi-family property, a duplex or maybe up to a quad.