To scale successfully you have to get past the point where your newly increased expenditures exceed your increased revenue; past the point where your ROI allows you to “break even” on your investment, and past the point where the ROI is worth the increased risk, the increased aggravation, time, and “lifestyle” change, and past the point where you can step back from “operations” and concentrate on management.  

That is a successful approach.  

- FYI: it's only illegal to try to rent it out, the property owner can usually legally live in a nonconforming basement unit.If you do all this you may still negatively cashflow each month, so make sure your income can cover and/or your cash reserves.If you do this successfully, you will learn more in 1-2 years than you would reading here on BP for 5+ years:)Good luck:)

I can only imagine that you've been successful at that. 

-To your success, the Rent To Retirement team!

Cheers to a successful 2025!

I look forward to seeing your posts and wish you success in your investing journey

Hey Dan - That sounds incredibly frustrating, especially after hosting so many successful stays over the years.

I got to where I am by asking those that are successful about a million stupid questions.

Creative financing options like seller financing and partnerships can help build a successful portfolio.Good luck!