Making money quicker and faster along the way you are having more money to play.

I can check on the condition of the property sooner, make plans before the remodel starts, and usually get them to move out much faster than with an eviction.

Heck we have done total rehabs faster than that.Here is the thing, we fix major things and safety issues as soon as we find out about them.

More money in your pocket or giving you the ability to pay more towards the principle and have the property paid off faster if using a loan

Faster growth and higher ROI, or easier managing but less of a return?

But they weren't making $56k, they were making $68k, meaning incomes are growing faster than inflation over the span of a decade and a half.

The cherry on top of the cake is that you can refi much faster after the renovation into a conventional loan since value will go up and easy to reach the 80% LTV and you will get rid of the MI (mortgage Insirace).

Of course, the more props you have, the faster it snowballs, so investing in a market where your capital goes further definitely helps.Anyway, with an $80k loan at an assumed rate of let's say 6% (we're heading up that way anyway with recent hikes, and it always pays to be conservative), your PITI payment on each prop (using average tax and insurance costs for our props) is about $600.

If you are an accredited investor you might get farther and faster investing in a smaller slice of larger deals where IRR over time gives you more upside on higher quality assets you might not could buy all on your own.On 1 million dollar deals I will not for example go after difficult properties to find.

Its just two more appliances that can create service calls and it did not make the unit rent any faster.