You also back into it by taking the known ROI you require and multiply that by the spend, this will tell you how much you need in a rent bump to justify it.Me personally, I use between 20-25% ROI as my threshold.Another thought to this is if you can do this for 20 units and do secure the $100 rent bump then you just made the property worth 400k more assuming a 6 CAP or 300k if using an 8 CAP. this will help when time to sell or do a cash-out refi or supplemental loan.    

This shows that you understand how you can be of value, that you have gratitude, and allows for gratitude to be naturally returned.It can be as simple as making an introduction, providing an insight, and I've even heard stories of people giving rides to/from the airport just to get the bonus one-on-one time!

Looking for cash flowing buy and hold real estate that will supplement retirement income.

Also, to supplement what @Brent Crosby said, it's not timing the market, it's time in the market that matters.

We hope to learn how to invest in real estate in a largely passive way in order to generate cashflow to supplement our regular (or rather, "irregular") income.

Interest income is passive in nature and does not have tax implications under UBTI. 

If you're looking for natural appreciation and some cash flow, use the strategy that your friends have suggested.

Unlike wood, this natural product does not need to be re-harvested, thus leaving less of an environmental impact when compared to natural hardwood flooring.CERAMIC AND PORCELAIN1.

@Gerardo EscutiaI would tell them to get a window AC unit to supplement if they need it lower.

Decided to get into rental real estate to supplement my advertising sales job.