Can you have a look at both of these worksheets and let me know if you believe any of these assumptions are off from a general rule of thumb point of view.  

We've sold over 50 houses so far this year.

Capital Expenses, items that are not just consumables like appliances, roofing, AC, all have what is called a Class Life and get depreciated according to IRS rules for that Class.  

I just ran a property that I would love to buy if I can find the private money or possibly the hard money at the right rate and ran it through the BRRRR calc.All looks great except when I look at the financial projections section I see the following...50% Rule Cash Flow Estimates Pre-Refinance Total Monthly Income: $2,850 x50% for Expenses: $1,425 Monthly Payment/Interest Payment: $600 Total Monthly Cashflow using 50% Rule: $72 50% Rule Cash Flow Estimates Post-Refinance Total Monthly Income: $2,850x50% for Expenses: $1,425 Monthly Payment/Interest Payment: $556 Total Monthly Cashflow using 50% Rule: $869Am I missing something or should the total monthly cashflow Post refi be that high?  

My goal right now is to be at 20 total units so I can quit my w2 after my kids are out of college when I'm 50.  

I am a 20 year old kid who wants to own at least 50 properties one day but I know that I need to start out small and slow.

(I should cash out with at least $150K) Im gonna move to Wisconsin in to a multi family (4-unit) home (50-70K) and let the tenants pay my cost of living.

I'm curious, when you're budgeting for actual construction costs, do you have a rule of thumb you use to estimate?

He said there is only one rule you need to know about being a landord "if they can not pay one months rent they can not pay two".

You can literally be a middle school school dropout, turn 21, and the next day be a Big Bank loan officer without ever passing a single test.But for Local Lenders with flexibility, we face a LOT of hurdles just to add a single additional state or even maintain our own...Think of that whenever you read "lending in all 50 states!"