There’s no real science behind that number.

I decided to do this because I always was fascinated by real estate since a child, and I believe in taking calculated risks.

You may want to compare some of the local turn key product with what you can buy off the shelf.These are not rocket science type purchases. 

The documentation to get one calculation over the other is more an art than a science. - one time expenses can be removed as long the correct documentation is provided so make sure to keep all your invoices and capital expenses not just for us but for your accountant as well so they can create your depreciation schedule during tax time- The 7 year Fridge if depreciated, can get added back, however sometimes new equipment can be expensed completely as bonus depreciation depending on the tax incentives during the year so check with your accountant on what the options are.

I took a spin over to your profile and it is fascinating!

Frias has a Bachelor’s of Science degree in Exercise Physiology from the University of North Texas.

I really enjoy the science vs art part of it, seeing consumers improve over time, vs fall-back behavior.  

Fascinated by tax liens and would love to learn to be a hard money lender, but all in due time :)Thank you so much for all the help from Bigger Pockets Community.

In 1988, Michael Weiss, in his fascinating book The Clustering of America, introduced the idea that neighborhoods can be grouped in terms of lifestyles, consumer spending, demographics, and socioeconomic variables.

This is fascinating to me, especially because two educated people seem to have such strong opinions on each side.On another note (and as an explanation as to why I want to set up my LLC this way), please look at my plan below.