It depends also if this is a stable property already or value add with high vacancy.Those types of deals your payout return is higher for the risk.It varies all across the board.

Our friends use the extra money to fund retirement baskets but you could use it to scrounge extra "downpayment" money.I found biggerpockets a year ago well after my model was on it's way to being developed.

I retired from trading in 2010 and started full time investing in 2011 after taking a year off.To date we, as a family, have a goal of owning 20 properties free and clear and enjoying the passive income from them to travel the world, do what we want, and enjoy life!

Alternatively, I also have a retired friend who’s looking for a stable return of 5% on his retirement funds.

Like Seth Godin says, "that social contract of me giving you forty years and you giving me my retirement years is gone."

I'd like to create passive income and cash flow through several deals and repeat strategies over and over enough to fund my retirement.

So here are my thoughts...I would like to get into a fix and flip business to replace my current job and use the buy and holds to significantly reduce my "retirement age".  

Appreciation will be based on market demand which as we've seen in the last 10 years has gone up and down, however cash flow is a bit more stable and if you're leveraging more critical.We focus mostly on single family homes in class B neighborhoods so I would say you're on the right track.

I am unemployed but have retirement and education income benefits. 

Once upon a time, les minutes du notaire (Lawyers notes/minutes/files) were only sent to the protonotaire of the judicial district when the notary retired.