If you have a perfect tenant that you really want to retain/reward, keep their rent 5% below market.

Starting out in Section 8 housing may be a rewarding experience both financially and socially.Good luck!

CAPs are an individual investor's measure of acceptable risk for a given reward.

@Stephanie Jacobson it will only encourage and reward slumlords who don’t put a dime into their properties or properties they buy because they charge cheap rent.These properties usually become so untenable that they become vacant and boarded up.

You’ll need an expert like @Dave Foster in rewards to doing a 1031 for your business.

This will allow the team to develop and review project processes and management strategies to move forward with more challenging, yet rewarding, properties.I come from a very process-oriented background (Mechanical Engineering), and my goal is to learn and develop each step of the process, from start to finish, to continuously improve the team and ROI of each project. 

Yes - it is far more work than a silent investor in a syndication... but I want the control, so find it personally more rewarding.  

In todays environment some syndicators might be pushing out into more B- to C areas to find properties in overheated markets so the risk/reward ratio might not be as good as in the past.Not talking about Brian's deals just in generalities.  

Your background as a licensed architect with experience in commercial and residential projects is an incredible asset, especially here where so many members are navigating construction, renovations, and design challenges.Out of curiosity, have you worked on any projects that were particularly challenging or rewarding?

But no risk, no reward.