I suggest you stick the 60 day notice of rent increase on her door TODAY.

It was formerly owned by a hoarder and the basement, attic and garage are full of junk. 

Without taking too much of your time, let's jump right in.Rent comparables, using the lower-mid end of the market:1/1 - $14753/2 - $2500Mortgage 30YF @ 4.359%, 14% downTriplex- 3/2 & 1/1 & 1/1Asking Price 519,000EGI65,400 - vacancy (5%) = 62,130Yearly Operating ExpensesTaxes (1.15%) - 7,785insurance - 1500 repairs (5%)- 3270CapEx (10%) - 6540PM (10%) - 6540Utilities - 1500Total Expenses- 27,135NOI= 34,99534,995 - 27,384 (mortgage- refer above) = 7,611$$$634$$$ CASH FLOW per month, or over $200 per door for this multi in LOS ANGELES, CALIFORNIA CA!!

Life Goals--Own 15-20 doors by 2021-Become a success story within the BP family-Quit our JOBS by 2022 (w/passive income from investment properties and our real estate business) Financial snapshot for our purchase--$91k (1031 Exchange money)-134k (Cash and LOC)-Total=$225k to investWe are on a tight timeline with the 1031 money, so would appreciate advice on our overall strategy Strategy-As a seasoned investor, if you were in my shoes and with our goals in mind- what would your strategy be?

I'm offered an investment offering outsized returns (20% preferred return over 90 days), and wondering what I can do or ask to determine whether it's a poor choice of investment.

Depends on your strategy and if its just to get your foot in the door SFH could be the way.

@Mark FriesLook up hIs resudence Stop at his house .Introduce yourself and explain the sItuatIon man to man Flash a thousand dollars cash in front of him while your at the door to entice him .i certaInly would not start with a big number like 5 grand .

They are also hoarders and garage, house, and especially the basement are full of piles of cloths and junk.

Because you are looking for 20 doors in 3 years I would suggest you look into multiple family. 

I am managing 13 doors locally in the Berwyn market, and I am working on acquiring more.