To solve this, I built a custom mobile app to handle rent payments and due dates because no other management software can handle the payment schedules or turnover.

I suspect in a more urban area, with a lot more entrenched and generational poverty, things would be a bit different.

Here’s a rundown of my current situation:- Own an S-Corp (landscaping) generating 70k a year- 160k in available cash funds- Credit score around 720- Zero debt- Own one property valued at 365k, 30% equity- Property is rented by the room generating $400 a month after mortgage and taxes- Additional 590sqft house is being built in rear of property for 60k.

If your focused on cashflow I would look into the following: These areas can generate good cash flow due to lower acquisition costs.

Is there a minimum revenue (if any) is supposed to be generated?

Can your cleaners handle more workload such as adding revenue generating packages?

You have to just commit to doing the lead generation 5-6 days a week (social posts, door knocking, talk to people you know, talk to people you don't know, host open houses for agents in your office, drive for FSBO's, etc) until you have planted so many "seeds" that they result in business. 

A property may look good on paper in terms of appreciation but might not generate enough cash flow to cover expenses and build long-term wealth.Not Having a Backup Plan:If something goes wrong in any phase, such as a longer vacancy period or higher renovation costs, it can disrupt the whole strategy.

My goal is to wholesale until I can generate enough to start my rehabbing business.

2) How many parties did the tenant throw that generated complaints?