You are right, there's a balance of economies of scales vs. efficiencies over coordination with tenants of each unit.

You communicate with your tenants!

Also, consider tax credits and incentives for energy-efficient upgrades or first-time homebuyer programs that could lower your costs and improve your return on investment.In summary, starting in California with an FHA loan and considering partnerships and LLC structures can set you up well.

This holistic approach to portfolio management can yield massive advantages in terms of efficiency and financial leverage.Furthermore, the liability shield provided by this structure could prove extremely advantageous.

@Unal Baris KancogluTo manage a multi-family property, communicate rent adjustments early, implement gradual increases, set limits, reassess lease terms, highlight improvements, and offer incentives.

The playbook on how to use real estate to build wealth tax efficiently:1.

The most valuable team members are those who understand the compliance side of Section 8 well and can help navigate that process.Property Management: Managing Section 8 tenants comes with its own challenges and benefits, especially in communication with the housing authority.

I feel it's a bit unfair and frankly I am not going to charge the tenant anymore than what the place is worth market rate because of its location and he is a great tenant (pays on time, keeps the place clean, communicative etc) I feel like i should even give him a break because he said he couldn't even be home since there was construction all summer due to building maintenance repairs. 

When Bakerson ran into roadblocks during the development they stopped communicating with investors completely.

When Bakerson ran into roadblocks during the development they stopped communicating with investors completely.