There is only 1 guarantee when you buy a property - you are about to spend a pile of money.

I landed on the numbers I did because that makes it cash flow nicely for the buyer in addition to meeting my goals. 

By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!

We have been working to be extremely conservative with our estimates but with this being our first go at this, any additional expertise is greatly appreciated! 

Do they value nicer finishes and design or is that additional cost lost on the typical tenant in that pocket?

It is easy to spend thousands of dollars in marketing and have nothing to show for it.

What I found was, yes it was nice have additional income, but each project seemed to always interfere.

Additionally, I have one savings account for reserves for all my properties, which I add to every month. 

Spend the time, make the effort, and (hopefully) reap the rewards.

Well-maintained homes: Homeowners tend to spend more time and money maintaining their homes, which contributes to the overall quality of the neighborhood.