All 4 houses needed to be renovated.

All 4 houses needed to be renovated.

The targeted returns are net of all fees.

They all have employees and offices and overhead and are not doing this alone.

In regards to PHX for that budget, it's all going to depend on what is most important to you, cash flow or appreciation.

We all have a limited amount of time to work, and there’s a constant push to maximize that time to earn as much as possible—so we can enjoy life beyond work.Most people work to meet their immediate needs—food, clothing, and shelter.

Hi all, I've been a fan of BP for a while, more of a lurker than a contributor at the moment, but looking to change that and introduce myself. 

Currently has 4 SFR all paid off and long term tenants in place.           

After all expenses, the remaining amount would be your cashflow.

I see you all over the forums Bruce!