Equity accrued is $944, for a total first year ROI of ~13.8% ($2,756/$20,000).

https://altos.re/r/85542a0    Here is the city were we currently building out a 23 home project.we are priced new construction at 439k to  469k  exactly the sweat spot.. we have only 5 left after starting the year with 21 to sell.. this project will start to finish in just about 1 years time.although from the time I put the first deposit on the dirt to the time we went vertical took two years.. so total 3 year process. 

You will have an entitlement limit of let's say $450k, you could in theory buy two homes in different areas if your total loans between 2 homes are under that $450k.

Welcome @Travis JungeI totally understand how you feel.

Do you all typically look for repair or replacement coverage in the event of a total loss? 

I totally understand being excited about something and just wanting to talk about it, but the way you're doing it here isn't very helpful for anyone.If you truly do wanna get some feedback on your idea try talking about it in a story."

I found posts like this to be helpful when I was first learning about investing in real estate, so hopefully someone on here can get something out of it.Our goals were to cash flow $100 per month per door, have a cash-on-cash ROI of 12%, and achieve a total return of 20%.Purchase price: $179,900Our loan is a 30-year fixed rate residential mortgage at 4.25%25% Downpayment: $44,975Mortgage Payment (Principal & Interest): $663.75Operating Income$26,435 scheduled gross rents (4 units)$(1001) vacancy$600 garage rent$11 interest$26,045 gross operating incomeOperating ExpensesProperty Management (10% of gross rents): $(2543)Leasing fee for new tenant placement: $(550)Sewer: $(1397)Water & Trash: $(1232)Lawn care/mowing: $(350)Gas & electric during vacancy: $(228)City occupancy inspection aka government extortion fees: $(183)Maintenance & Repairs: $(3594)Property Taxes: $(2009)Insurance: $(983)$(13,069) gross operating expenseNet Operating Income: $12,976Mortgage P&I: $(7965)Cash Flow Before Taxes: $5,011Cash-on-cash return: 11%Equity Accrued: $2275Total Return: $7286Total ROI: 16%We hit our cash flow number almost exactly at $104 per door while our ROI and total return came in a little under our projections, but pretty damn close.

You WILL totally miss something & it WILL cost you.

He is now claiming material price and labor increases over 6 months to the tune of $40000 (total project price is $292000).

Good afternoon,I am a relatively new investor with a total of 5 properties.