I need to replace my tenants 27" double wall oven.

We replaced 2 units last year that we tried to replace only heat and ended up doubling labor because exactly what they cautioned you on happened, both had start up issues.  

You can always double up since they don't take up any space 😂

Those areas have doubled, tripled or more over the last 6- 8 years and seem to be still going strong.

Because, house hacking is comparatively simple and beginner-friendly (and therefore has the highest likelihood of success), but strategies like BRRR'ing, flipping, wholesaling, out of state investing, etc. are far more complicated, and have a far higher chance of failure because they involve so many "moving pieces".I always use this analogy: would you tell a beginner skier who has zero experience to ski a double black diamond (the most advanced terrain) for their first run?

I have had clients buy a home that was being managed by a traditional rental company like the one you got a projection from and then the very next year they almost doubled the rental income just by listing it on a platform such as Airbnb or VRBO. 

I love the ambition to double your portfolio in one year, I hope you hit your goal and more! 

Yes, there are some markets in the midwest where it might be possible, but typically you're going to need a bigger rehab budget than that to double the value. 

I’ve seen “aggressive” underwriters build in double the amount of cushion.

It took forever to renovate my first property- triplex in Cleveland and more than double my budget.