Definitely low hanging fruit.So, when I see the 25% COC number, is that assuming traditional financing and self-management with cleaning fees, etc. accounted for? 

I'm familiar with the two year self-employment income averaging and I'm wondering if this would be different or essentially the same.I'm paying myself a large W-2 from my S-corp which would be good for getting approved.

I thought Loopnet (also Costar) and MLS would be sufficient to attract potential buyers or tenants.

I expect to be able to self-finance construction on the first 4-plex, but then need a construction loan on #2 and #3. 

I'm looking to get into/purchase self-storage and am interested in commercial. 

I'm seeking a loan that will allow me to aquire a property, do some light rehab to the existing single family home and also provide sufficient funds for the construction of an ADU in the back yard. 

I’m looking to create enough passive income to be able to replace my family’s W-2 income and return to being self employed and then to create more income and create generational wealth and set it up to support my family in the future as I know they do not have the background or knowledge to operate the empire I am developing.

Possibly consider moving some retirement accounts into self directed. 4.

We self manage and have enjoyed the experience so far.

Here are the numbers:Annual total gross rent received: $800,000Annual cost of property management (10%): -$80,000First month's rent goes to property manager as finder fee: -$66,666 / 2 year lease = -$33,333Total cost of property manager: -$113,333Current annual profit; $200,000Net profit after paying property manager: $86,667I like the idea of selling some properties to 1031 exchange to a larger self-managed property like an apartment complex but I don't know how feasible it is to try and sell enough properties simultaneously to time it correctly for a 1031 exchange.