I have joined several REI Mentorships including WREIN (Women's Real Estate Investment Network) in Dallas, TX and and Vertical Street ventures in Phoenix, Arizona (Syndications) .

And he lives right across the street from the project so spends NO money on commute ..

It's very similar to what wall street firms are doing in large markets like Atlanta or Phoenix. 

When you calculate 12% cash on cash returns on ever house on a street you are in a C class or lower area. 

Cash invested: $2,000 I am currently working on an inherited property, so that I can rent my home out. 4 Bedroom 2 full bath. 900+ sq/ft Full brick home.Currently rehabbing this house.

You need 500k and networks set up in 5 - 8 diff markets that work like an assembly line of options to be analyzed.If you get into 30 year products from jump street your 50 will be gone in one deal. 

Just pull the same comps in that area that have sold across the street from 2-4 units with the price and finishes you will put in..

House was 17 years old all brick rnach house with Andersen windows, solid hardwood floors, gas heat, ceramic tile baths and a new 6 month old roof. 

If you have four 2-bed/1-bath units with the same appliances, split it four ways and call it a day.

It’s a three bedroom two bath in our area.