If financial freedom is your goal, you might be surprised (or bummed, or both) to find out that you're unlikely to pocket any cash flow every month house-hacking in LA.

. = $5510% MGT fee = $110Mortgage = $253, 20 year amortization @ 5% Taxes $116 per moInsurance $75 per mo total = $719 per mo2% rule = 2.20%Capex = 15%CoC = 33% (turn key, est rehab to be $1000-1500 - new appliances, needs a few new doors) , $2000 closing costs, $10,000 down payment) The duplex does only have 1 furnace and 1 water heaterMonthly cash flow = $381 Am I missing anything? 

Not so much 1,000 cash flow (I also assume you are talking about actual net income after expenses, including ongoing repairs, management, replacements).

HI I purchased a home in a multi unit (R4), high density zone.I am currently renting the house cash flow is just $50 after mortgage payment.This house has a big workshop in the back with a high rise ceiling, brand new roof, electricity and water.It sets in a half an acre lot so I am able to rent the workshop and land for $700 a month Total cash flow on this property is $750 a monthI'd like to enclosed this workshop (it has 3 brick walls already built) and make it into a livable place.I can still rent the land and keep the cash flow at about the same amount ($700).However there's no sewer  at this house just 2 septic tanks attached to the main house.Workshop will need:windowsanother walldoorscooling and heating systemBathroom etc...I can build build more units attached to the current workshop since there's so much land to play with but i have no idea of the cost.I purchased this home for $150k in 2016I owe 143Klast month I paid for an appraisal and the current value is at $185(flooring was the only improvement at the house).Question is should I refinance and bring in sewer line, build more units or live it the way it is?

Rentals are like acres of land - more isn't better.I beat you want cash flow more than rentals.

I am glad to be a part of the community here and appreciate all of the free flowing information that is available.

Maximize rental cash flow \ equity in 10yr-15yrs for college funds for our children2. 

I bought it all cash, and below you'll see the details:List Price: $60,000Purchase Price: $51,500Wholesale fee: $4,000Closing costs: $1,083Gross Rent/Month: $300Lease term: 10 yearsCoC Return: 6.4%Again, not the most attractive numbers, but the tradeoff is that the property management company will deal with tenants and maintenance, and I'll have constant flow of cash for the next 10 years.

My minimum criteria is $100 per month cash flow, and a cash on cash return of 10% annually.  

I'm looking for my first property (live-in duplex, triplex, or fourplex) and after running the numbers, I found one that cash-flowed pretty well for a reasonable price at conservative estimates (plus my wife loves the house).