We spent about $500 on repair and reno costs and millions of manhours of our own labor.Earlier this year, we bought 2 more, bringing the total number of rental properties we have up to 5. 

The location, however, is a million dollar piece of real estate.

Pros and cons.How are the $1 million deals looking like?

Really hard to say.I have clients at 1 million net worth and 100 million plus.

It turned out to be a factor of .20, which is insanely good.I looked at a property on Cape Cod a few months ago, and it is listed at $1 million. 

There are a million differing posts from experts on the BP forums about how best to respond to the current COVID environment, but almost everyone I've seen comment on house-hacking has agreed its a solid bet.  

considering your new builds are going for 1-2 million, I would assume they are going to be bigger.  

A duplex costs over a million in those areas so It's not realistic for me. 

The annual gift tax exclusion is in the millions, so if they gift it to you, while a return will be required, no tax would be owed. 

I want to have the flexibility to help a million people reach financial independence.