For example, do you have a schedule for who takes out the trash, recycling, or who does the monthly vaccumming, etc.

I have seen properties recycled thru auctions more than 10 times over a 6 month period.

You still have to go to court, and they require that you hire a local lawyer, but at least if the ticket is not resolved or someone misses a court date or notice gets mailed to wrong address, you don't end up with a warrant for your arrest under your name impacting background checks etc just because your tenant did not recycle properly.

I'm debating between the following Buy another 2-5 rent-ready resi units in the same market to cash flow (Indy) Buy some BRRR resi deals in the same market so I can recycle my capital (though my day job is pretty time consuming so not sure I have that much time to oversee these projects even at a high level)Buy 1 deal in a slightly higher cost market with more appreciation upside but less cash flow (e.g., Charlotte, Raleigh, Dallas, Phoenix)I know the answer will ultimately depend on the person's personal preference, financial goals/situation but curious to hear what others have done and any lessons learned. 

No mailers are opened, straight to recycling and all text sending numbers are blocked so those texts per day are new numbers only. ps.

As mentioned, TX is non-disclosure, so you can through that in the recycle bin.

@David Rosenhaus Hi David - this was my goal and the way I am working it is as follows: start with your own money and small multi family (2-unit) full renovations and BRRRR/refi out at end but *still have* $1000 cash flow after each property refi, recycle that money 1-3 times into 1-3 projects, one at a time.

By repeating this process over and over and recycling the same money you can potentially build a large portfolio and generate wealth.

This will allow you to keep recycling money to do your subsequent deals with out the hassles with dealing with conventional financing and the ever changing landscape.

So you are still holding but planning  to load up on the recycle again.I just enjoy businesses as residential is getting heavily regulated in favor of the tenants and peaking out so it is more of a hassle for me then the return it generates for my time.If the cycle changes i can simply hold a 15 year NNN from a national tenant at a high cap rate I developed and then wait for the right time in the next cycle to sell.