I don't think it's a bad approach for passive investing—you could get it down to just an hour or so of work.

It might serve his needs too, but his approach fits my temperament and how I want to do business too.

I have learned a ton on these forums though I’m posting for the first time.what does not get mentioned enough is that if you want to scale slowly using low money down FHA/conventional loan approach and live in there for 1 year, at a time, you should not write off all the rental income on your most recent tax returns for the existing rental properties.

The episode dropped recently on the BiggerPockets Real Estate Podcast and goes into how these design elements can give your property a competitive edge.If you’re working on a project or investment in Arizona and want some insight on how to approach renovations to maximize value, feel free to reach out.

TL;DR* Aggressively pushing 'maintenance' and for the most part for things not requiring any maintenance* In-house maintenance rates are eye-watering, way higher than what you'd see in even most expensive markets* Maintenance does not require owner's approval - RL reserves decision what to do when, cheaper plans have higher limits and all are at RL's discretion * Refuses to manage in many parts of townLonger versionSigned up for their service after a few conversations over the phone - owner stressed investor-friendly approach.

You'll end up dealing with bush league contractors if you approach things this way IMO.

In short it doesn't matter if you increase how much income a residential home is leased out for that will never improve your property value it's always based on how much homes in that area sell for. commercial real estate on the other hand has a few other ways properties are valued including the income approach.

While this approach works in the early stages, there comes a time when consolidating all your properties' insurance into a single, scheduled program might be more beneficial.

I live in the western suburbs of Chicago and just beginning my journey on rental properties through the Brrrr approach.

Or they were randomly approached with an offer that was too good to refuse (an unsolicited offer is gold!!)