Then I take the one that will hit my financial goal and I use that as my rule of thumb.

Have a goal.

This way, you can have passive income coming in from multiple properties regardless of where you are living at the time.Ultimately, the best strategy for you will depend on your long-term goals, risk tolerance, and level of involvement you want in managing the properties.

I have started the eviction process and it is now in the hands of the courts to set a date.

If your goal is to maximize rental income, adding a bedroom or bathroom often achieves that.

You determine the probabilities from the statistics of a large data set … 200 flips in the example.Once you have done 200 rental units you can determine the EV going forward.Not a very satisfactory answer I know.

Long term goal is to have a large 50 unit plus complex.

Pain to set up but once you do it and put it on a system it should be easy.

Are you looking to do the loan underwritten by your income / off set by the rental income or a DSCR loan that uses only the actual or projected market rent schedule?

More information about me, my activities, and my goals on my profile page.