You can usually at least double if not triple your investment over a 5 year period.

I love this… the more I read and listen to as a beginner, the more I realize that you just need to take action and it’s the base hits and doubles that allow you to scale and build your portfolio… you can’t wait around for the homerun deal. 

@Mike PerezMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

Due to the doubled interest rates since then and my taking a closer look at my budget, it now seems that I will have to downgrade to a first home of a 2 BD, 1 BA, 1 Car garage, 1,100 sq ft in the $230,00 range, which will probably require me to be more flexible as far as the area to buy in.

@Brian Ploszay - I think a strict city can be a double edge sword.

I saw that post earlier today.Avery, I'm interested in the area because we're looking for a place nearby (2 hours driving distance for us) which can double as a family vacation place a few weeks out of the year (mostly off-season).We're still looking in different areas also, but all within 2 or so hours of driving. 

Heck I've helped my family and friends originate loans as little as $10 to $15k with easy double digit returns!

Hey - singles and doubles are how you win the game, @Dominika Williams!

If you reach out to him, be sure to mention my name and he'll probably charge you double.

We feel that we have more flexibility on future purchases now that we've secured an investment that doubles as a home.