Additionally, I would like to attempt to do the process Owner/Builder with subcontracting work out as well as doing some of the work I'm comfortable with (I have some experience with bathroom & kitchen remodeling an am not new to the construction industry).

Is there a script to help me work out of?  

If things work out, we'd like to have at least 1 additional property before the end of the year and have 8 in 8 years.

If that doesn't work out, you can always go back to doing LTR.

I would really take the time to work out every number you could since you are GC, and go from there!

.- Workout - At least 15 minutes.- Pray - 10+ minutes.Life is a marathon.

Find out what rate rents are increasing and expenses are increasing in your area and use that in your underwriting, then work out each year of ownership. 5% rate in 5 years seems ambitious.

Just don't be an idiot with your finances and it'll all work out. 

It seems a traditional sale gobbles up half of it in closing costs.We refinanced early last year, and another refi would cost ~$5k, plus w/ the LTV, I don't think the numbers work out just right.Too bad we were too naive to even consider those offers when they were handed to us.

This could give me an option as a house flip if the numbers don't work out in my favor for positive cash flow.Target Returns:Given the higher risk, what cash-on-cash return or annualized return should I be aiming for?