Las Vegas's average annual population growth is between 2% and 3%.

Lower-skill jobs have higher turnover, and companies that hire for these roles are always hiring and are likely not the pickiest employers (for example, the average annual restaurant industry turnover rate is 79.6% from 2013-2023 – 79.6% of restaurant employees leave their job every year).

Even with that being said, your holding cost is still positive on the second one. 27k of appreciation at 3% annualized. would cost you 4800 to get that not including loan paydown or the tax benefits of holding it at a loss each month. 

Most of Alberta now has a minimum $5k deductible for hail... and hail is roughly an annual occurrence for most everything near Calgary (especially Airdrie).

So maybe ends up being 10% to 12.5% annual for the passive partner.

I posted about the head scratching returns this company was offering in the past as they were alleging 10% per quarter - yep that’s 40% annualized and they would let it compound$300M raised - why?

A 50% annual rate of return. 

I'm hoping for some guidance and any suggestions/ help is greatly appreciated.The specifics of the property are as follows:Land: 1 acre Income Generating Units: (built around 1995 all in good shape)Ranch House: Rental income of $1,200/monthMobile Home 1: Maintenance personnel reside here rent-free (not generating rental income)Mobile Home 2: Rental income of $980/monthMobile Home 3: Rental income of $1,000/monthMobile Home 4: Rental income of $1,200/monthMobile Home 5: Rental income of $1,200/monthFinancial Information:Estimated Annual Taxes: Approximately $2,500

But I always advocate to my clients to protest tax valuations every year as they get reassessed annually.

Also, because I was uncertain if the Neal Wolf in that video is the same Neal Wolf that was a mortgage guy who got convicted in a large mortgage fraud bust in 2008.