I am located out of Minnesota and am interested in beginning my career or future as a landlord. main points 1. houses are for like 350,000 - 425,000 in Minnesota with rent from 1,800 - 3,300 so if I get a property for 415,000 with about 5,000 in rehab and rent for about 3,000 is this a good deal and how do I know what a good deal is?

However, in the future I would like to become remote to look for properties in north and Central FL as well as out-of-state.

Don't want to price myself out of a future market.

After you do this a few times, you really start to get general ideas of how much certain projects will cost.

Perhaps ROI may only come through appreciation for the near future and I’ll have to ‘feed’ the property for a few (many?)

How is that 40 unit project going for you?

Has anyone sold a 5+ unit ADU project in San Diego on residential zoning (RS)? 

For every project, create a thorough budget that includes the costs of purchases, renovations, carrying, and sales.

I am looking to get my next project by the end of the year.

I moved here from Florida after seeing the projected growth.