For the majority of these older multis, 12% is the number I see most often, because it accounts for systems that are still functional but clearly nearing the end of their useful life.

Current Life Changes: Transitioning from active duty Marine Corps → IBEW apprenticeship (Local 11 or 441)Newborn at homeCareer switch into electrical tradeRefinancing in January with a VA IRRRLPlanning to move out next year and rent the house, BUT the negative cash flow concerns me  My Goals: Build long-term wealth through multifamilyUse my VA loan strategicallyStart accumulating properties over the next 5–10 yearsBalance family, finances, and career in a realistic way  The Dilemma:With the numbers where they are, renting the house means going negative each month unless I finish the ADU (which I can’t realistically fund right now).

Life situations and stage of lifeI’ll narrow the discussion down to investors with 10 housing units or less or say 5 commercial non housing properties.  

@Michael Ochoa how hard are you willing to scratch & fight for a better life?

I'd read set for life and get a good understanding of personal finance.

Pretty much, if you want to learn anything about the program, you have to tell your life story first - very one way street.

My parents have flipped several houses in the last 5 or so years, but did not get into the investment real estate game till later in life.

I learned about him through Brandon Turner's Better Life Podcast.  

They break down inspections, rents, and how the program actually works in real life.

Life is a journey and I think that standard is always changing.