Here's the download on that:"LLC members are not employees so no contributions to the Social Security and Medicare systems are withheld from their paychecks.

In fact, buying a house is a very common reason for employees to take a loan out. 

Personally, I don't want to lose 10% of my gross.

I realize there is rental income but with 4 houses (estimated) that would only be approximately 2k in income after operational costs, assuming a 4k gross from the 4 houses.

Now, most of these smaller banks may only have 12 employees or so.

I realize there are a lot of other factors that depend on your success (i.e. closing rate, market, competition, systems you have in place, etc), but listening to an old podcast (#81) with Michael Quarles he said that he saw a roughly 8-10x gross return on marketing.

It was on a slightly larger scale with each tenant having 2-6 employees.

Make sure in your underwriting you're including CapEx 7-10% of gross monthly income, Maintenance and Repairs 5-10%, and taxes and insurance.

The cash flow (NOI) is just the numerator in the equation, you have to finish the math.As far as the time to payoff the property, this is generally measured by calculating the Gross Rent Multiplier.

As an example you take the current net income (gross rent minus expenses).