Somewhere around 45K was just fee's of some kind, be it closing costs, staging, property taxes, utilities, lawn maintenance, on and on.

On the cash flow side you need to be able to cover deferred maintenance, rent turnovers, vacancies, etc AND pay yourself.

Maybe you are performing maintenance on an existing pool?

.$5,940 / $60,000 = 9.9% annual cash on cash return.Most here believe they can do far better than that but there are certain worse investments that can be made.

Nor wouldn’t pay for an annual membership.

Then I'd worry about what I want to do with my annual income.

They are getting tired of upkeep, maintenance, renting duties, etc.

For the price of an annual membership you may be able to solve your lending related license and compliance problems.

The MLS is about $1000 to start and to maintain annually.

Jeff I do not consider myself a heavy hitter at all.Currently i have 5 quads for a total of 20 units but I am always looking for more under the right terms FOR ME.I am currently looking at 20 to 30 more units in my same development to purchase.I have an onsite maintenance man and property manager.I am a commercial real estate broker so my day consist of talking to clients and closing my commercial deals and then having reviews with my property manager of where everything is at and how it is going.My properties are value add deals whereby with work we are creating a large amount of forced equity into the project.So my highest dollars per hour is writing contracts and doing deals and talking to clients and working my own investments for myself.Anything else I try to delegate out to workers that make less per hour average then I do.good luck