Purchase price: $381,600 Cash invested: $531,600 We purchased this adult care home for $381,600 on the market.

Hey everyone,I am looking to get in on my first deal.

The way I was explained it was your net operating income minus depreciation yields your net income and you pay tax on that.

My initial thought is to invest this into the stock market (Amazon, Tesla, Google, etc...) and keep doing that for the next two distributions as well, ultimately pulling it all back out, plus the earnings (hopefully) in 3 years time to purchase a house.Based on the plethora of experience in these forums, does the above sound like a good plan? 

Any advice on where I can go get all of them written together?

We look to see the local market through our partner’s eyes and help them spot and rate opportunities and then we help them execute the best ones.We focus on real estate developers and GCs that have a track record of getting things built, but that are not so established that they have a large network of equity capital providers.

SCAM - move on.

Also, what are your thoughts on Indianapolis or Oklahoma City?

Good points on weighing the trade-offs between smaller towns and larger metros.

Anything under 20% is problematic.Wanting income you get a multifamily on the next.