Sell house and buy a cheaper house all cash avoid the current high interest rate.

I now prefer to hire out as much of the work as I can but sometimes it is just easier to do the work myself (and virtually always cheaper to do it myself).- Initially I over valued the cash flow.

Quote from @Patrick Padovano: Since your father is helping you build, I assume you can build the home cheaper than if you hired an outsider, which means it may cash flow nicely. 

Developing a team across state lines, cheaper contractors are not always best, they cost us time and money because they weren't the right people.

.: Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Most “cheaper” and “regular” rental places though don’t generate enough income to worry about taxes anyway so it’s a non issue for most people.

Most new development is well over this mark and, since there aren't likely to be many more complexes built that offer decent living conditions for lower-end rents, there is probably some room to raise Class B/C leases in the coming years as more people move into Louisville.And, if things do decline, the "luxury" crowd is going to be looking for cheaper digs. 

If you run the numbers properly, you’ll see that borrowing money, even hard money, is almost always cheaper than giving away half your profit.We use the calculation above for screening, but we always run the numbers in detail before agreeing to a loan.

Replacing a bad water tank is a lot cheaper than calling someone out in the middle of the night to fix the aftermath of a burst pipe. 

There are PM's cheaper than I here in FL but I believe we will net the client more money.We had some clients leave us on good terms in the past and told us they were barely, if at all, making more than when they were with us.Good luck!