(Having a knowledgeable bookkeeper in regards to your specific model is key) I know it plays better with investor transparency.

Maybe this one has predictable appreciation...model has 3% in it.Hope that helps.

That's the most important input of any underwriting model and .25% swing may turn a good deal to a mediocre one and a mediocre one to a money loser.

This works with the LLC model where you have control. 

By selling my "liability" I was able to acquire 3 houses with $90k in total debt, estimated $80k+ in equity, return my initial investment to myself, have about $15k left in reserve from the refinances, and the properties are combined cashflowing about $1500/month using a conservative 50% model (i.e.

So to join in the consensus, just get your license and hire a BIC and boom you have almost that exact model.  

If you are flipping, you definitely need to adjust your underwriting and perhaps the specifics inside your business model to function at a profit in a downturn.

@Nirbhik Modi I like to answer this question using data, and I have built a system to do automatically identify areas that have the highest rental returns at the lowest risk.My team built a system to model rents using machine learning based on comps, location, and local economic strength.

When you re-do your lease, model it after the Texas Realtors standard lease template.

There is no place in my business model to allow domestic violence to occur in one of my properties.