There is no exact number because the the age, the size, the building type, the types of tenants, the local weather, the quality of materials purchased, the quality of the labor, all play into it.

Play it with many different friends because you will learn the most by watching and explaining to them.My second advice is to read as much books as possible.

Although I do believe if the numbers work for any deal, it shouldn't play too much a part.

I've already played with the numbers and know that this property will cash flow even if rents drop in the Bay Area.

I am having trouble understanding how the relationship between risk vs return actually plays out in real life because cap rates and valuations seem to vary so widely.

My real estate investing is really a mechanism to diversify my income in retirement which will likely be in about 15 years if I play my cards right. 

It’s a retirement play.• Rental income will start off around $6000-7000 so I expect to be break even in the long run and I’m fine with that.• We moved back into the house.

Being an investor you’re pretty much playing a game of chess and a realtor is just a piece on the board.

I wouldn't play games with calls and things.

So unless your house will need significant capital over the next few years, if it positively cash flows, you rent it and make a play for something on hhi.