If you use onsite PM, don't plan on buying a yacht with your earnings :)

This helps me project probable total cash flow in a future year which helps me understand how to plan.

Since you say you are putting together an "investor pool" I'd highly recommend having a securities lawyer go over all your plans to date.

Meet investors in the area(s) you plan to invest.

Once I have that sorted, I plan on targeting duplex/multi-family properties.

We eventually evicted her and since single families are not in our plan, we renovated and sold for our asking price of $250k 18 months after we purchased the property.

I'm putting a business plan together for a short term rental and I can find plenty of data from comps on projected vacancy rates of established rentals, however, I know I can't expect to come out of the gate with 50-60% occupancy.

I know people who have purchased properties for appreciation because some "big company was moving to town and the values were going to skyrocket" or based on some news their buddy told them, who subsequently lost everything when the company plans changed.There are many ways to skin a cat.  

@Christopher Lombardi -no it would be instead of your current plan.

After months of research hours of talking, planning, scheming forming the LLC pulling our hair out etc...