If we allowed financing, we could 10 fold our business overnight.

Phoenix seems to be overpriced at the moment, but its tons of so called condos/apartments that are folding due to poor management.

I have a letter, tweak it a little each mailing, print letters and envelopes, hand sign every one of them, fold, stuff, and stamp all myself.It's a numbers game and takes a while to play before you get results... unless you hit an owner at just the right time, that is.Some people alternate between postcards and letters.

Unless it gets you to significantly positive cash flow you're eventually going to bleed cash until you fold.

We would like to transfer ours as well into LLC (we have 25 properties) - but they were bought in 2018-2021 and have gone up in value by about 3 fold.  

My goal of becoming a broker is two fold:  1) Build a career with high earning potential   2) Use that income paired with the knowledge I would gain to invest. 

The problem with that is two-fold: first there are likely existing assets that are not replaced that qualify for shorter asset lives so you're leaving money on the table, and second you have no cost basis for the removed assets replaced in the remodel as they're intertwined with the initial building cost basis so you'd technically still be depreciating retired assets which is tax fraud. 

It is another BIG red flag that the PM seems to be folding.

The drop leaf table folds up for a third person or move it out for a 4th.

If we allowed financing, we could 10 fold our business overnight.