I thought I read a CNN piece a 6-10 months ago and they were saying National average of SF home appreciation over the last 30-40 yrs was 6%.I guess that might be a good "general" rule of thumb to use when trying to project.

This is our current project though it isnt finished yet. i wanted to share and i would LOVE to see what others have going on.

You can take an apartment building with problems say 40% occupancy and deferred maintenance and bad tenant mix and management problems and use commercial hard money.You will have to figure in the high debt service while turning around.Once stabilized you will refinance out at the new value up to a certain LTV.Take the money and do it again.The larger the project the more the potential ARV spread after stabilized but the more risk.The larger projects take more time to turn around so the churn rate on the money is slower.What happens and I have seen this is people run out of money and the property is taking longer to stabilize than thought.Then you have some money left but not enough to take down a property yourself until you unload this other deal you bought or refi.You then start partnering with different people on different projects which can lead to a mess.You don't just want to grow out of impatience or doing more deals and then get involved with the wrong people or overt extend yourself.You want smart,well thought out,controlled portfolio growth that is highly calculated.

I am in a 3 month program to kick start my business with a very successful local investor and he has provided us with a lot of his materials he used while wholesaling and I know him personally and it worked for him so I am NOT trying to re-invent the wheel but I know my competition in they area and they are respected, honest and have been in this business longer - although they tend to rehab their projects but one of my targets is the motivated homeowner and its theirs too!

Turns out that project never flew and the stuff from Jeff's SFR never worked out for me.

I'm looking to do about 15-20 projects in the next 14 months.

Since he's starting a new project, maybe you could use this to your advantage.

This question is for those using a Project manager when working on projects.

Forward projection based on actual numbers this year should result in a 50% profit after all expenses (including operating expenses).I know this is kind of an odd approach with respect to everyone else but in order to get where I want to get going, it is actually working out better than expected because of serious planning and number crunching.

Myself, I would never look twice at a 10% ROI, not anything below 20% ever, because I have learned thru experience all too many times a projected 25% ROI can quickly turn into a 14 realized ROI.