We can throw some numbers out there, but it's really different for each of us.It's up to each of us whether or not the amount of time/effort we put into this is worth the return we get.

Divided by (desired annual return).

Returning to its pre-2001 policy, the FHA will no longer cancel FHA MIP once an insured mortgage reaches 78% loan-to-value (LTV).

Ideally she would pony up the new SD and you would return the apartment SD per your state laws.

What has the best returns and what is available.

If you use OPM there is a cost-of-capital, if you use your own money there is lost opportunity cost ... you could have invested it elsewhere and made a return (hml for example).

Add that to your $488 taxes, insurance and utilities, and you have $885.5 as total expenses.This makes your NOI as $439.5 (that's income before debt service).If you get a 30-yr loan at 5% interest, your debt service is $316.19 per month, leaving you a cashflow of $123.31.It's not spectacular but if you calculate the Cash on cash return, that's a very good 24%.

Example owning a SFR house where the tenant might call you for a clogged toilet at 10 p.m. after you have worked a hard day at your profession and are exhausted.ORThere are other methods which allow you to be more hands off but the returns vary and the amount of cash to get started does as well.

I wanted a 18% p.a. return & a NNN lease, so t's been a goldmine.

So I have 2 friends with money and we've put together a pretty good plan for building a buy and hold business and them getting safer, secured returns on their money.