Acceptable COCR v. Passive CD
I'm currently looking in the OKC/Edmond area for my first deal to invest in sometime mid year. My goal is to outperform a CD COCR. I think this is very doable, but for those of you who have invested, especially in Edmond, how did you manage to make enough cash flow? Insurance is brutal here and makes most listings on Zillow look decidedly underwhelming once the math is done (I reserve a lot in capex and maintenance, around 10% each; I'd rather build working capital fund that can absorb likely big ticket items before I back it off). I like the idea of loan pay down, but am hesitant to include that in my calculations. More so with appreciation. Am I being too conservative in my math?