It is on a main road.Both sides completely rehabbed.

The main reason I think it will easily cover the cost is because the square footage goes way up and it's a 3 bed 2 bath, so people will immediately see relatively a larger house for the cost.

Control your investment.The other main theme is growing too fast.   

General consensus is that Ryan Homes construction is shoddy, focusing mainly on townhomes.

The 3 main items I look at after that are:Cap rate is it over 8% Debt service coverage over 1.50 or 1.6 preferably(The bank wants 1.25 but you need cash flow) Cash on Cash return over 12%It does not end there.

Main employers?

Main tenant on the ground floor is a post office---and they just signed a 10yr lease, paying $ $883.50 monthly rent until May of 2021; rates go up to $945.33 from June 2021 to end of lease May 2026.There is a small residential unit on the ground floor with a stable tenant (4yrs).

I recently passed my RE exam, which I mainly pursued because of wanting to buy more investments, but I'm also interested in managing properties for others.I'm located in CA which requires one to have a broker license for PM, however I have seen a few PM's who do not have a broker license, but are owners of PM companies operating under someone else's broker license.I have yet to find a broker who allows this so wanted to see if anyone here has any information on how this works and where I should look?

I've looked at a few buildings from 6-10 units between on or around Main St, between Victoria Ave and Gage Park, the cash flow is usually pretty good, but the tenant profile isn't the greatest. 

We are looking forward to doing some light wholesaling and maybe some flips eventually but my main goal is to target the passive income stream and get enough rentals to supplement our retirement plans.