I’ve been in similar shoes, starting out small and gradually building up to handling larger projects.

@Unal Baris KancogluTo manage a multi-family property, communicate rent adjustments early, implement gradual increases, set limits, reassess lease terms, highlight improvements, and offer incentives.

Owning the property outright allowed him to address those costs comfortably and even negotiate a better deal on materials since he wasn’t rushing to meet a lenders timeline.Given that you want to learn and scale gradually, cash is a safer way to build your confidnece and investment foundation.

Start small and scale up gradually as you gain experience and capital.Don't discount tax savings from rental while building your portfolio.

I am also interested in gradually building my own portfolio.

If they’re still resistant, you might want to consider negotiating a compromise, like a smaller increase or a gradual rise over time to ease the adjustment.

Plus, with Texas continuing to grow, Odessa could see gradual appreciation over time.P.S.

You might consider gradually upgrading other parts of the property (like the garage or adding another bathroom) to further increase rental value over time.If you're ever looking to add more properties or need advice on financing your next investment, feel free to reach out.

It provides stability in an overall portfolio and sometimes gradual, more predictable returns.

Alot of owners have an automatic "last minute discount" that starts about 30 days out and gradually increases, we do the same.