. $1,100 per room x 3 = $3,600- $3,284= $316 in cash flow a month.)After a year, move out and repeat the process again with low down payment, convert into owner occupied home into strictly rental (adding depreciation income), and BOOM... do the process all over again for as many years as you can stand and you will have created enough wealth for yourself to last a life time.

Let’s add them to the equation.According to Remax: “Healthy price increases are expected next year, with the RE/MAX 2020 Housing Market Outlook Report estimating a 3.7 per-cent increase in the average residential sale price.”

I am looking for cash flow at CAPs as 7 percent, or higher.

What is the rehab estimate, figure out what 12-15 percent of it is and that is what his effort is worth. 

Hire a real estate agent to navigate your short sale. ...Gauge the market to determine whether prices are biased toward the seller or the buyer, and how long the property has been on the market. ...Offer 10 to 15 percent under the approved price to open the negotiations.

There can be some work at lease turnover, but a very large percent of existing tenants renew.  

Great people, great service, great lifetime warranty. 

That's probably why dad kept asking you.If he just gifted it to you, quite possibly exceed the annual gifting limit, and would have to report it as a gift, and the lifetime gifting limit applies.

A good cash flow, in terms of cash-zone, is anything that is between 8 to 10 percent or more.

It's often the case that if you move over one subdivision, you'll give up a little cash flow, but increase your total returns by a decent amount.Before I got my license, I always liked to ask agents what percent of their business came from investors.