I used 20% vacancy, just to be sure not to over estimate my profits being generated and also a fair to low daily rate, which will only fluctuate up in better then poor market conditions. 

Slim profit margin, any repairs costs have you going negative, upcoming vacancy costs will have you coming out of pocket, and the asset isn't appreciating in a way that will generate profit.

Are there any trusted list generators you all have heard of?

The apartment was not cleaned, she left a bunch of her stuff as well (furniture, mattress). 

I just stumbled upon a company that has developed a sales funnel system and they seem to have a good product for lead generation and conversions. 

  - Generate $5k in monthly income within the 5 years.My ultimate goal is to create a portfolio of cash flow positive real estate investments to:- Help my father retire so that he can travel with my mother, enjoy life, and discover new hobbies and passions.- Allow me to make jewelry because it's my passion, not my passion that pays the bills- Free up my time to pursue travel and my interest in martial arts. 

On today’s show, we interview Chad Carson, author of the new BiggerPockets Publishing book Retire Early With Real Estate.Today Chad shares how he and his partner were able to accumulate 90 units and live purely off the money generated by their portfolio!

And buying larger residential rental doesn't seem generate same return rate (If anyone think I am wrong, please chime in).

In the corners they tack some small 1/4x 1" boards to clean offI purchased an 8 unit property consisting of 4 duplexes.

Hypothetically...let's say you have 250k cash in the bank and a goal of creating generational wealth with passive income (10k - 15k monthly) within the next 5 years, how would you do it?