That makes a difference in what you can expect to achieve for your efforts.

My gut tells me Lynnwood will only become more desirable as the population and employment boom continue in this area and your possible appreciation over the next few years will outshine investments in $125k houses that are made to achieve the 1% rule.If you do decide to proceed, may I suggest a 1031 exchange?

Thanks for the well wishes, best of luck to you too in your journey to achieve your goals @Brandon L.

I imagine there will be those who rent in lower income areas, and are able to achieve better cap rates.

I feel easier said than done and want to have an honest expectation of what we need to do to achieve our goals.

Thanks for posting and all the best in achieving your goals.

I try to get atleast $350 per door after all monthly expenses and it's very achievable here in the Orlando area so far.

At an 8% capitalization rate (very achievable) you are left with $40k net operating income. lets assume when you borrowed the $400k from the bank they lent it to you at 4% interest over a 25 year term.

Hello all,I am fairly new to real estate and am looking to achieve some sort of vertical integration within my current scope of work. 

Their guests have achieved success in real estate in one facet or another - it certainly keeps me motivated listening to them.