In short: $558k gross, ~9% cap, modeled cash-flow of ~$92k/yr with professional management (or ~$140k if self-managed), and conservative 5-yr after-tax proceeds of ~$1.4M.I’m sharing the math, assumptions, depreciation treatment, and the risks/opportunities I saw (value-add ideas, occupancy sensitivity, and market comps).

In short: $558k gross, ~9% cap, modeled cash-flow of ~$92k/yr with professional management (or ~$140k if self-managed), and conservative 5-yr after-tax proceeds of ~$1.4M.I’m sharing the math, assumptions, depreciation treatment, and the risks/opportunities I saw (value-add ideas, occupancy sensitivity, and market comps).

In short: $558k gross, ~9% cap, modeled cash-flow of ~$92k/yr with professional management (or ~$140k if self-managed), and conservative 5-yr after-tax proceeds of ~$1.4M.I’m sharing the math, assumptions, depreciation treatment, and the risks/opportunities I saw (value-add ideas, occupancy sensitivity, and market comps).

Hey Alexis,Annual rental residential management and short term (vacation?)

She is going to rehab her properties and then cash-out refinance and put 30 year long-term debt on these units. 

Quote from @Bonnie Griffin Kaake: RV parks are treated much like Short-Term Rentals and commercial properties.

Running an Airbnb or short-term rental can be an incredible cash flow machine — but it can also turn into a tax nightmare if you don’t know the rules.Here’s the good news: the IRS treats short-term rentals differently from traditional long-term rentals — and if you structure things right, you can unlock powerful deductions, reduce taxable income, and keep way more of your profit.So, let’s talk about the Airbnb tax secrets every host should know in 2025.1.

Buying an "Off Market" property with "Subject To" and "Wraps" & Selling "Lease / Option"When buying a property to cash flow, you need to know what your expenses are.

Cash flow pays bills, and appreciation grows wealth.If your goal is long-term financial independence, then you need a rental income that increases faster than inflation and will last throughout your lifetime.

The long-term goal would be to eventually sell the multifamily properties once our cash flow reaches a certain level and transition to being completely debt-free, living off the rental income from the fully paid-off homes.Does this seem like a sound strategy from an investment perspective?