I want to do 4 houses a year and aim for 35k profit or each.

Should I aim for more like 10%.Double bonus question -- WHERE can I get 15% ROI on a mortgage free STR??

The Ceiling slants downward to the sides of the room, the appraiser only measured to where it is tall enough to place furniture.

What people never seem to remember is that you don’t measure a bull market from the bottom of a bear market, you measure it once it passes the previous bull market highs.

My next deal I aim to BRRRR and get at least 60% of my cash out but aiming to achieve 100%.

Aim high and you should be able to pick up one property a year.

I am curious to hear what measurable tangible metrics you use when analyzing specific sub-locations (e.g. specific zips, suburbs, neighborhoods, etc., but NOT the actual properties themselves) within your target geography...Crime rates? 

I am curious to hear what measurable tangible metrics you use when analyzing specific sub-locations (e.g. specific zips, suburbs, neighborhoods, etc., but NOT the actual properties themselves) within your target geography...Crime rates?

Two thoughts come immediately to mind:Unless you can articulate in excruciating detail why your friend is so motivated to get away from this property, and then describe in detail your solid plan for addressing all those issues, you will BE your motivated seller friend in a few months/years if you buy this thing.I would aim for buying subject to existing financing (search "subject to" here on BP), rather than via "lease-to-own" or JV: It's generally cleaner and simpler.

He has a great pro forma template in there and is really thorough on all measures.