Hi-I just put my third SFH rental under contract and when speaking to an insurance broker he mentioned I may do better switching from individual policies to one commercial policy, especially as I continue to add any other properties to my portfolio.  

Again, with that in mind, partnering with just a couple other like minded individuals with similar investment amounts and you’re talking a significant type of a property that could easily justify sufficient cash flow to take a more hands off/pressure off approach.

I live in Cali, but after running the numbers on numerous houses here it has become obvious that this area is not necessarily ideal at the moment, never mind the other legal issues.

Full version (For the sake of argument, I'll make up some numbers to help explaining my question):Consider the following case - Individual with $500K and no properties other than residential house.Let's say residential properties in the area are going for $200K.Comparing two relatively "conservative" strategies, let's assume individual wants to "cash out" 15 years from now (hence: get as much passive income from said properties once you reach the 15y mark):Strategy 1.

While the crime, and types of crimes may not be ideal, you're most likely going to be buying buildings are great discounts and with renovation, will be creating large equity positions for yourself based on other renovated buildings.

Such as 15% or ideally %10.Any help would be appreciated!! 

I owe this all to the BP community for providing me a forum to educate myself and network with other like minded individuals. 

I guess it is just a matter of finding what fits one's individual investment strategy, and what kind of cash flow is acceptable.

I know it probably varies depending on the street and the individual house too but as a newbie without a lot of experience what would be some good numbers to quickly run the numbers on properties as I browse through the MLS?

@Dan Barli Hi Dan, I am looking to buy and hold these properties for rentals and figured it might be a better idea for me to buy a package rather than individually acquire the properties.