In reality, most older homes will cost you considerably more in maintenance, capital expense, and vacancy (people just generally like to live in and rent newer homes).

You can determine what a decent salary would be for someone in your market and then reverse-engineer to see if what you're paying as a salary, plus the projected performance commission, will get you there.

hey @Jason Lowe your property sounds incredible and it sounds like you have some good ideas flowing.The BiggerPockets community has profoundly impacted my journey in real estate and investing!

I would set up a family trust, if you have a ton of equity maybe you refi the properties into an LLC but if you are locked in with lower rates then I wouldn't touch the ownership piece yet. 

If you ever have anything in that wheelhouse, let me know.  

Quote from @Andrea Ward: I recently purchased a small tract of undeveloped, heavily wooded land in North Mississippi in a neighborhood.

What made you interested in investing in this type of deal?

If you’re in Cincinnati, I’d love to collaborate and share opportunities.

Well, they are taking in 5 Foster kids. 

For Phoenix, what's in higher demand?