Statewide a 2016 report stated 5.9% Owner occupied:Income-expenses=NOI Guess2550-1970=580* ($193/door "profit")Fully Rented:3400-1970=1430* ($357/door "profit")I know that potential capex and water, sewer, etc may be high, but they are unknown right now.What am I missing?

clubID=1127&pubmenuOptID=47801Distressed Property Conveyance Act - reiawa.comREIA is a Washington State non-profit Real Estate Investors Association focused on Education and Investing for Real Estate Investors at all levels!

I'm excited about house hacking, but Southern Florida margins look too thin,  Jacksonville is hot but looks super-competitive with a lot of cash buyers, Orlando too expensive and Tampa looks  like  a maybe. 

Commercial loans by themselves are actually less profitable if rates/fees were the same.

Given that their top marginal tax bracket is about 45.4% for Federal and State income taxes, they get about $1460/month in tax refunds from the deductions.

We cannot make a profit on any utility.Your lease must be state and municipality specific.

To add more context, let say you're a hustler and within the first year completed 2 flips, gaining $40k profit each, and purchased 3 rental properties netting you $3000 a month in total.

If you are confident in your abilities and know that you will make a good profit, it’s always going to be better buying a property 100% with your own money.

If your deal underwriting is conservative enough such that the numbers are gonna provide you a fairly large margin anyway, the one-time cost of going to/from your destination should not make or break your numbers.

It makes good income on a dollar/hour basis, and I have incredible control of my schedule, spend time with my family, etc... but it isn't very scale-able, at least not with favorable profit margins.