The plan remains the same now as it did years ago - generate revenue from the W-2 job, use the capital to support our LLC properties should we see the need for repairs or defaults occur on rental payments, use the capital to find deals as they occur, and avoid becoming over leveraged.

how is the new sf supposed to generate income if you're living in it?

The funny part is that i could see the argument for the younger crowd wanting this BUT they’re not buying houses like older generations did.

Purchase price: $195,000 Cash invested: $55,000 Fully renovated, turnkey property that generates about $450 per month in cash flow (9-10% cash-on-cash).

Sell tax free, buy an identical property, increase the tax basis, generate the same cash flow. 

That is a sophisticated value add.If you simply buy an RE (SFR to quad) off the MLS that has no value add, you will be waiting on rent appreciation to generate cash flow.

Painted interior, laminate floors, stainless steel appliances, and replaced all windows with premium energy star windows(did this more because the windows all were past due).What was the outcome?

The margins in Indy are so much better than here in Utah, I think it would be silly to focus all my investing energy here when I'm doing so much better there. 

As the site generates no income and has no rent roll. 

NOI is not calculated in ROI.ROI = Annual cashflow Div by Initial Investment16,206.77 / 181,000.00 = .0895 x 100 = 8.95% Cash on Cash Return on Investment (ROI)Net operating income (NOI) is a calculation used to analyze the profitability of income-generating real estate investments.