-The Days on Market (DOM) figure for single-family homes fell from 51 to 29;-Total property sales increased 1.6 percent with 11,285 units sold;-Total dollar volume rose 16.9 percent to $4.0 billion;-The single-family average price increased 13.4 percent to $372,408; -The single-family median price rose 13.3 percent to $300,000; -Single-family homes months of inventory registered a 1.8-months supply, down from 2.4 months year-over-year and below the national inventory of 2.6 months;-On a year-to-date basis, single-family homes sales are running 15.3 percent ahead of 2020’s record pace and 21.6 percent ahead of 2019.

I do get about $900 of income on average from it.

He's been here since: Member since March 7, 2008He was on these forums back when the site was called "Slightly larger than average-sized pockets".

My thoughts are as follows:Klamath Falls - yuck, lived there for years, no wayGrants Pass - Lived there from 1998-2004 - great small town, not much industry, in right neighborhoods could do rentals, going to get low class tenants if going multifamily, average working incomes are low in this area.

I'm familiar with the two year self-employment income averaging and I'm wondering if this would be different or essentially the same.I'm paying myself a large W-2 from my S-corp which would be good for getting approved.

In 30 years with an average 7-10% return you will be getting 700k to 1.7million.  

If I manage to hit my target of $165/sf and average of $2k per month of rent per unit, I'll be pulling in 0.6% of the total cost every month in rent. 

I have learned the numbers can deceive you because they look amazing in a bad location and average in a great location. 

Here are the numbers:Annual total gross rent received: $800,000Annual cost of property management (10%): -$80,000First month's rent goes to property manager as finder fee: -$66,666 / 2 year lease = -$33,333Total cost of property manager: -$113,333Current annual profit; $200,000Net profit after paying property manager: $86,667What's the average annual income of a full-time property manager?

The most important aspect to consider is a ratio of staff to doors. 3.What is the average length that clients stay with you?