My husband and I are looking for our next rental property and have a goal to purchase another fourplex in the Belmont Shore neighborhood of Long Beach, CA.  

Hello all,I'm looking at purchasing  property (Duplex) which is on a 4,000 sq foot lot and zoned T6-8According to Miami21 the minimum lot size for any sort of zoning always requires  lot size being 5000 sq foot minimum.Per T6-8 zoning density I should be able to have 4 units on this land and that would be my goal in the future. 

Well what's your goal?

My goals in real estate I think are fairly common and simple.

My short term goals in real estate are acquiring a buy & hold property near the Jacksonville, FL area.Looking forward to meeting and working with everyone!

Gross rent is $1450 per month ($625 for one unit/$825 for the other).Taxes: $1280Insurance: $1400Operating expenses: $725 (Accounting for 50% of rent)Mortgage380PMI0Insurance116Taxes106Vacancy35Maintenance725Total Expense$1,362IncomeMonthly Rent$1,450Annual Rent$17,400Cash FlowMonthly Cash Flow$88Annual Cash Flow$1,056I understand that most target $100 per door, and that would be my goal as well.

If we cannot find something that makes sense, we are open to other options, possibly flipping a house or apartment.The Goal:My short term goal is to find a duplex in Los Angeles to House Hack.

I'd be more than willing to discuss my experience in commercial real estate and hear more about your/your client's/friend's goals.

Also, will turning the home into a full rental property influence my goal to get a second mortgage, or will they only factor in my debt to income?

I hope to be able to reach the same goal.