You could read 100 books and still need to learn more because certain things must be learned through trial and error.

Here’s a breakdown of the pros and cons of each approach based on my experience:Tenant Swapping:Pros:Tenant Retention: Keeps the property occupied, which helps avoid vacancy periods.Minimizes Turnover Costs: No need for cleaning, marketing, or re-screening tenants if the new person is already known.Flexibility for Tenants: Can be seen as a more tenant-friendly approach, allowing them to find a replacement without facing penalties.Cons:Risk of Unknown Tenants: The new tenant might not be as reliable as the original one, leading to potential issues down the line.Lease Violations or Delays: If the new tenant doesn’t meet the lease requirements or fails to sign a new agreement, this can lead to complications.Operational Complexity: Keeping track of the lease terms, managing paperwork, and ensuring proper screening for new tenants can increase administrative work.Notice for All (One Notice to Vacate for Everyone):Pros:Clear Expectations: Everyone knows what’s expected, and there are no surprises with last-minute tenant changes.Consistency: Easier to manage leases and tenant turnover with a straightforward system.Quality Control: You can screen all tenants that are moving in, ensuring the new occupant meets your standards.Cons:Longer Vacancy Periods: The property may stay vacant for longer, especially if finding a replacement tenant takes time.Tenant Frustration: Current tenants may not be happy with the requirement to vacate, even if they want to stay.Marketing and Re-screening Costs: You’ll have to go through the process of finding and screening new tenants, potentially leading to increased costs and downtime.I’d love to hear what others are doing!

They appellant must show the trial court made an error, either of law or procedure; an insufficiency of evidence; or an abuse of discretion. 

We forecasted to investors that the hold period would be five years, and that for every dollar invested they would receive approximately $0.69, and the estimated internal rate of return would be 16.1 percent (annualized return.)

Investors positioning now, while sentiment remains cautious, are setting themselves up for the next expansionary phase.A few key takeaways for investors right now:Focus on supply-constrained markets: Secondary cities with positive net migration and healthy job growth offer the best setup.Prioritize affordability: Class B and C properties remain where the broadest, most resilient tenant base sits.Plan for longer holding periods: Given the construction slowdown, cash-flow stability will matter even more before appreciation kicks in later.Stay close to the data: Tracking starts, occupancy, and rent growth rates will be critical over the next 18 months.Want to hear more about the markets and opportunities we’re focused on right now?

The first step is to make an offer, ensuring it includes a due diligence period.

A local agent would have to opine on July being a bad seasonal period but the summer is not bad in most places, particularly for a 3BD/2BA.

Use free tools like Driving for Dollars, PropStream trials, or public records to build a small, targeted lead list.

If the home is in a single family overlay and 3 years has passed and it has not been used as a multi family than you can lose your variance of the proposed multi family use. it is likely in your scenario it was illegally marketed as a multi family, or the seller did not maintain a rental license for a period of 3 years or more and you lost your variance. 

The Land and Roads would be based on 10-year rates and have a longer Amort period than the Containers.B.