There are lots of ways you get returns as a real estate investor, but to replace your active income you’re generally going to focus on your cash on cash return - or the amount of money you receive every year from cash distributions.In this example we’ll use $100,000 as your annual income that you’re looking to replace.Cash on cash return is measured as a percentage of return from cash distributions per year based on the amount you invested.So let's say you invested $50,000 into a deal that has a 5% cash on cash return, that means you’d receive 5% of 50,000 that year, or $2,500.

AVM is a digital computer valuation, (not a one with a person who measures/ analyzes the houses) max I can get with a random house I inputted in Selma that has 2554 feet was $435000 just now.

If you’re going to own the property for a while, I recommend getting measurements and getting a floor plan schematic from Fiverr for $30-50.

Most are not well insulated, and you'd have to take a lot of preventative measures to prevent all your sh*t from freezing (literally).  

Easiest if you pull them all out, measure, then order new ones, but that means boarding them up or putting the old ones back.

they don't pay a dividend worth a f*** but the company is solid by my measure at least. and in REI youre gonna scour the internet and MLS for deals that make sense and youre gonna look at crime reports migration patterns and etc.One of the most solid companies i have run across is the Home Depot.

NOI is typically calculated on an annual basis; although, investors can easily adapt the operating costs by dividing expenses by twelve.Net Operating Income is a solid way to evaluate any real estate investment’s potential.When it comes to measuring an investment’s returns, the numbers don’t lie.

For example, when replacing a drawer front, I videoed a measuring tape on a similar drawer front and provided the additional information they needed.

She has just a handful units and like it to measure 'metrics' of her properties.We have 30 units and use Rentec Direct which does have a cost but very reasonable.

Read this book first - https://www.amazon.com/Every-Landlords-Property-Protection-Guide/dp/1413307000 - before getting into more complicated and expensive measures of protection.Asset protection is a form of insurance – insurance against litigation.