PITI, vacancy, as well as Maintenance?

You reinforce this misconception again by stating that a $275K property yields a $10K annual depreciation deduction.

How about: "Maintenance free!"

In addition to the low annual cost of $30, you would be provided with an online number with voicemail functionality.

Joint Partnership with share in LLC would be no problem returning 25% annual yield.

Since 2004, annual returns averaged around 8 percent and ranged from 7.3 percent to 9 percent, but last decade returns were typically in the low-double digits, the investor said.The fund told investors it followed a "split strike conversion" strategy, which entailed owning stock and buying and selling options to limit downside risk, said the investor, who requested anonymity.Jon Najarian, an acquaintance of Madoff who has traded options for decades, said "Many of us questioned how that strategy could generate those kinds of returns so consistently."

They like having you as a landlord...not as a "friend" but as a landlord.If you fix maintenance problems quickly, give them payment options they want (credit card, auto recurring payments), you treat them with dignity, and you check in to see that they're getting what they want out of the property, they'll stay.

However, throw in some of that guru style letter campaign marketing; an ad in the newspaper; some fuel to drive to look at some of the properties; entity maintenance; legal expenses from time to time; phone expenses; office expenses; etc, etc, etc and that number could be significantly lower.

I'm wanting to get into Wholesaling (local & out of state), and would consider "buy & hold", but not knowledgeable in maintenance/landlording!

Calculating a rate of annual appreciation or gain between 2% and 10% using increments of 2, your actual total return in real estate is always 5 times greater than the return on stocks, considering all things being equal.