Thanks in advance-LukeThe way I calculate cash on cash is It cost me X dollars out of my pocket to buy the property and after the first year I had Y dollars flowing back into my pocket.

Build a Safety NetKeep at least $20K in reserves for unexpected repairs, vacancies, or emergencies.

To avoid actually collecting money every week the lease agreement stated that the term was week to week, but if you paid in advance for 4 weeks worth of rent on the 1st of the month, you would receive the remaining days of the month at the discounted rate of being free. 

If you are 75% complete rehab you are very close to ordering furniture IMO.3 - Look for safety hazards - i.e. uneven steps etc.If your time in town is limited I would focus on these 3 areas.  

Thank you in advance!

. - Currently zoning allows for 2 unitsThank you all in advance! 

Contrary to popular belief, this is actually an advanced strategy for people with lots of experience and resources, it's a really tough place to start.

Thanks in advance

Hello , am willing to start wholesaling virtually and i have some questions hope i can find answers here , First am already working in getting off market deals for many clients and am aware of how i can do the process of getting them but not that aware of how they close on it or how they reassign the contract and now i figured out why not to start wholesaling myself, the question is what market can i start working on as a beginner and what do i need to start beside finding those off market properties , thank youu in advance 

When you talk about replacing income, the safety of that cash flow is much more imperative, since presumably you are living on it, too.And then you combine both thoughts: safety in income stream to live off of, and cap rates/yields from assets.