Not sure those numbers will be achievable in California just from all the investors from there we see coming to the Chicago market.

In my dreams, I'd find a 5-plex, decommission 1 unit, and have a 4-plex at low financing costs, but my confidence in achieving that reality has diminished, given the preponderance of manufactured housing.

Congrats on your successful flip and best wishes on achieving your goal.CheersPaul

I think your criteria is basically going to be UN-achievable for the most part.  

As such, if you are focusing on achieving annual cash flow, places in the mid-west or south tend to produce much higher returns.

I agree with @Simon Shih to listen to the podcasts and write down your goals and a plan to achieve them.

For the past year or so I have been using the physical gift cards in combination with Quote Support Program (QSP) orders at Lowes to achieve 24-28% off shelf price.There is a company in Cleveland that buys and accumulates gift cards (Lowes, HD, Best Buy, etc).

I hope everyone has a great day, and takes another step toward achieving their goals.Thank you,Josiah Dettmann

I started to discover new things in me, and that wealth, being one of my goals, was not impossible to achieve.

If you buy properly with the $100/door rule, you will achieve your goal with 33 units.