It's not a magic formula that works in every situation...in fact, sometimes your expenses are MORE than 50%.Take a couple minutes to list out your expected expenses (and their amounts):- Vacancy (talk to other investors in the immediate area and see what kind of vacancy rates they are seeing)- Rent Loss (how much do you plan to lose due to concessions and non-paying tenants?)

Come to network, talk shop, and enjoy yourself.We're going to try and formalize the gatherings a bit with speakers, but expect the usual laid back, easy-going networking event!

Of course, if you put down $50,000, your cash-on-cash return would be around 6% -- not very good.So, that's a big factor.Also, you're missing a bunch of expenses that I would expect to see.

In any event, the set up of the property took longer than expected. 

Do some reading so you know what's expected for due diligence.

In the process of buying 3 duplexes and need to know how much should I expect to spend on insurance in Texas?

Great point on setting objectIve service level expectations.

So jump in, learn, make connections and expect yourself and your 'job' to evolve.  

They tend to jave unreasonable price expectations, will not negotiate a home inspection in good faith, the property usually wont appraise because there is no listing agent involved, they wont drop the price when it doesnt appraise, they wont make lender required repairs and so on and so on.So why spend 20 hours on a transaction that is very unlikely to close?

Its hard to tell what would happen in the next 2-4 years, some markets have good fundamentals like job and population growth that would last for years to come.If this bullish cycle passes 2022 it would certainly be one of the longest "recoveries ever".In saying that, it is expected after the crises of 2008.