Debt repayment is not factored into expenses there for paying down a mortgage,  as we all know, creates it's own income stream separate from that generated by the property itself.

)Any suggestion would be beneficial... and yes I m a newbie in MF but do have few SFH that are generating cash flow

I’ve been investing my “walk away” money in real estate to generate income.

When you calculate your cap rate (NOI - net operating income / Purchase Price) do you include your closing costs and initial repairs in your calculation or do you just go with the actual purchase price and leave those costs out?

Our plan is to move forward initially with buying single family homes in the Chicagoland area, and then use the BRRRR method to raise the equity in them so that we can grow larger and larger by buying properties with the increased equity seen after each renovation.

I'm in the Pittsburgh area and initially had similar concerns, but I switched and now have tenants pay their own water. 

Use a generator for electric

I may not keep reserves from this amount during the initial Lease-Option period, as I have means to handle any issues out of pocket.- So I'm $9K into the property, but at $500/mo cashflow it will take only 18 months to recoup my money (in a perfect world scenario where no other expenses occur and no reserves) - which is the exact length of my Lease-Option period with an option to extend for an additional 6 months if needed for another $1,000 Option Fee.- Further, I use FREE-OPM... 

Im wanting to know if someone has ever built a new construction apartment complex and cashed out their initial investment at the end if the loan to value worked out.

Hi has anyone used/purchased the RVM Lead Generator Machine?