She is generating plenty of contacts and building great relationships but I am wondering if anyone knows about how many listing appointments per month/week I should be expecting.

Thanks Steve,You know BECU will pay for your appraisal (if automated value model (AVM) doesnt generate a value on BECU's end) so you have no cost of originating the HELOC on this additional equity unlike your current source of financing above (30-50% cost based on the amount extended).The rate will be around 4.50- 5.74% at the lowest on the HELOC depending on your LTV.

It's basically a BRRRR strategy but focused in markets/areas/neighborhoods/cities where the long term appreciation play is more of the priority than the cash flow it will generate right away.

I'd like to transition my money and focus from my business into real estate, but I want to make sure that I am educated and capable enough to generate cash flow in this industry before selling my business.

Hotpads is a great website for generating leads.

Thanks for sharing the details though :) Mine are more younger adult generation tenants.

Is this worth it from the transaction standpoint when i do generate deals and make a little side money with friends and family and 2. would it make sense as an investor buying 2-5 + doors a year?

That's not great income generator for long term.

A Solo 401(k) may be exempted if the deal is structured properly.A fund that derives its income from the development and/or re-development and sale of property would be producing trade or business income that would generate UBIT liability to both IRA and 401(k) investors, and if leverage is involved, a double-whammy with UDFI as well for the IRA investor.

I'm looking at a 6 flat which generates about $216 per door after I plugged in all the numbers into the BP Rental Calculator .