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.

Very inexperienced sponsors who are great at YouTube, TikTok and Instagram - but most of those people if asked to run a sensitivity analysis on the impact of interest rates, increased vacancy or increased expenses would look at you like you had six heads and would not even know where to start.

Property managers can also be expensive.

I’m thinking of using some of the refinance money to start the garage conversion by doing the portion where the roof needs to be raised which is the hardest, most expensive part.

We use MLS data (active listings), cross-reference rental comps, take out expenses, and produce an NOI and Cap rate for every single family and small multifamily available simultaneously. 

I got a really good vibe about his professionalism and although he did note that he is more on the expensive side, I think the services he provides and his reputation of being one of the best in the market warrant the premium.LIV Indy was also a great interview, although largely different than Harvey Property Management Group.

Hey Trent, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

The median house price is north of $400k, what do you expect for houses 50-75% of it?

Basic economics, increase demand without similar increase in supply will raise prices.There is a growing strong latent demand, people are delaying household formation or doubling up with other families right now.If rates stay the same, the growing latent demand will begin to force its way into the market as people capitulate and decide they simply have to have a place of their own.In areas with consistent population increases and current housing shortages, stable rates will lead to strong appreciation of existing housing values and increased median home prices.

This will allow you to make more accurate projections for each property.In terms of determining cleaning costs, insurance, and other expenses, it would be best to estimate these costs separately for each house.