2024 is 6 years awayI plan to spend the next 6-12 months learning and studying dealsI estimate that in order to replace ~$130,000 of gross annual income I will need to have that same total of net cash flow from my properties by that time (I currently only own two single family houses)If I make the assumption that the deals that I find/buy return $500 per month of net cash flow then I will need a total of 22 properties to equal $132,000 per year (22 * $500 = $11,000/mo. * 12mos = $132,000/yr)The $500 per unit estimate is not a per door estimate, rather a per unit estimate.

My single most important criteria whether purchasing single family or a mobile home park:Is my cash on cash return.

But I think I may not do this deal because I don't think I would get the return I want.

One thing about Wholesaling is that your risk is low and the return on investment can be great.

The means that they perceive the owner of a property to really be the tax return on which the activity of the property is reported. 

For investors and entrepreneurs who are willing to navigate through the complexities of this emerging market, the returns can be tremendous.

If I can go in at 5% down my COC return will be 17.3% (if self managed).My current home has $50-60k in equity that’s not doing anything.

CCR is "Cash on Cash Return" and it is measured by the return you get divided by the cash invested into the deal. 

@Gal Kochavi-Jones I just sold what I had in MN but will look for another soon.I invest in KY because I’m from there, like the returns and have some advantages from living there for 20+ years.I’m also looking in Austin/San Antonio area and should be closing on a place in Austin this Monday.

What is the best return for your investment the new park (assume 50 lots for $200K) or adding 7 POHs to an existing park (for $200K).