Example:$2,000,000 gain after basis at 20% across the board to keep it simple

Thanks JD, yeah I’m perfectly fine keeping money in the deal, I’d need about $50-$75k out of this deal so I can still keep a solid cash flow spread so not sure if I’ll even keep going down this road

This is something to keep in mind as you continue to expand your rental strategy and explore different platforms.

Keep looking.

Did you mean to say that everything is online and you have to send actual statements for them to keep?  

Keep in mind that just because properties have increased so fast. it doesn't make all markets out of reach to all investors.

You might pay $200/mo to keep the grass cut in the spring and summer months.

Stuff like that will bug you, but I keep telling myself, it's passive income, you wanted to be hands-off...:)  Hopefully it's rented out fully soon or we'll be looking to do a SFH with another management company most likely.

We had to put in more than expected, so we decided to keep the property and get our “profit” through appreciation over time rather than flipping it.

I think it's especially important to substitute knowledge of an area with either strict numbers (that will likely keep you out of the game these days) or a solid team on the ground that knows it for you.