However, you must have reasonable limits and hold to them.I give a great example in my book where a tenant abandoned a 2,000-square-foot home full of nice furniture, expensive jewelry, a brand-new $2,000 rifle still in the box, etc.

It’s a 3 bedroom home, brand new build and just shy of 1500 sq ft.

The SMARTEST thing I did...was follow a "who" not a brand or company or model or some "thing". 

Its not as easy but once you are up in running you are building a brand, equity in your business, and also constant flow of leads.

It's all in how conservative you are in your approach to underwriting your deals.Even when a Seller says they've improved the property, the tenants are still tenants and do damage to brand new improved units. 

Its when all of the work is performed and you are literally prone to lose everything. 

Just the different brand name lowers the cost dramatically!

Increased revenue and decreased parking demand allowed us to carry income-restricted units as well.We originally planned on spinning it out into a brand, but we never had the bandwidth to do so.Our largest hurdle has been education as most of our tenants are coming in to rent traditional units.Investors did not love it. 

.🔹 Trust But Verify – Set up accountability metrics, KPIs, and reporting systems so you oversee performance without micromanaging.🔹 Know Your Role – Your job is to build and grow your portfolio, not handle every maintenance request.Final Thought: What’s One Thing You Can Let Go of Today?

IF you are going to down that path, focus on building relationships with key investors in town and top performing CRE agents.