Some people prefer an electric dryer over gas and in some of our properties we have both gas and electric hook ups for dryers so they can have their choice.

Renters may prefer paying 40 less per month rather than the one time $500 discount. $40/month off works out much better for the tenant, even though they may not realize it, and it's a killer for the landlord

If I had a large amount of liquid capital, do you think I should use it to purchase fixed assets or for some project development, which would be more suitable?

., the rental agreement contains one of the “10 Deadly Sins” as set forth in Wis.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

They care about making money and protecting their asset.

Despite having photos available, many prospective tenants still prefer to see the unit in person to get a better sense of where they'll be staying. 

Should I use it for asset management, rent collection, property management, or other roles?

Just trying to get as educated as possible before making any decisions, and setting up my asset protection accordingly. 

@Jun Lee One pro that I can think of a solo 401K is there is no UBIT taxes when an asset u invested that had leverage sales.