Does your cash flow include subtracting 10% for property management in the future, as well as 3% for cap ex - as @BrandonTurner suggests?

The numbers are in for 2021... 6 doors acquired in 2021... 8 total doors owned (all SFR)54k in rents, 24k expenses, 30k cap ex, and 30,500k in PITI...For a grand total of -31k net cash flow!!!

Put a structure of exposure(ex. 50% hard assets like RE, 25% equities, 25% debt funds) with $Y as original investment and make it flexible as you see opportunity come and as your income varies. 

To all aspiring house-hackers, a word of warning from an agent & house-hacker/investor:  be sure to reserve more than you think you'll need for rehab costs and unforeseen cap ex. 

Ex parte Szczygiel, Sup., 51 N.Y.S.2d 699, 702 (Sup Ct 1944).”

About 18 years ago I was managing my ex-wife's two-flat after our divorce.  

While times are good, make the major cap ex improvements, figure out ways to lower expenses and increase revenue. 

I am looking to build long-term wealth through real estate.I CURRENTLY need help/advice on:-Raising capital for deals -Learning the art of acquiring properties with OPM-An efficient way to find great deals-Looking for potential investors with the funds to partner up for future deals (Ex.

My ex-protégé purchased a detached duplex that had a 3/2, 2/1 and 3 single car garages for $427K fairly recently. 

In fact with my rentals when I look at a property I build the "cost" of dollar cost averaging right into my property analysis as if it were cap ex, repairs, or vacancy expense.