The property’s potential for strong appreciation, combined with its appeal to high-quality tenants seeking modern living in a historic setting, made it an excellent addition to my portfolio.

Additionally, I initiated a transformative build-out of the lower level to include the third location of Arbol Eatery, a wellness and fitness center, and an event space.

If the inexperienced investor knew how much work, effort, time, analysis, negotiation, organization, capital, and knowledge it takes to successfully find, identify, evaluate, and close on a property that fits the criteria that gurus falsely claim they see 100’s of every day, 99% of them would abandon their real estate dreams” and pursue ostrich farms, mink breeding, or setting up a “down line” to sell condensed cleaning products that their “upline” has an exclusive distributorship on for the southwestern quadrant of Bisbee, Arizona.  

As long as you screen the tenants as best as you can to ensure they are the right fit for your property, you should have a great experience with them as well.

For simplicity, let's say 5 rentals or less you can get away with excel or other free REI-specific software. 

Storage facilities, especially, can be a great way to diversify your portfolio without requiring too much hands-on management a good fit given your demanding career.Feel free to reach out if you need insights on financing options for these ventures or any advice on getting started.

You are free to run your business however you see fit, as long as you are respectful to your property manager and not bugging them about every little thingYou are the CEO, the pilot of the plane, the head chef, the one in charge.

We are disciplined capital allocators, excellent communicators and highly accountable.

**Proactive Steps**: - **Prepare for Inspection**: Ensure the property is in excellent condition, with all necessary safety items in place (e.g., smoke detectors, proper handrails).

I have my plan I stick to now and say NO a lot these days to things that do not fit into my plan.