OOS investing has operational inefficiencies, because you work remote.

I’d love to hear from fellow self-managing landlords about the biggest lessons you’ve learned along the way—whether it’s handling difficult move outs, maintenance strategies, or unique ways to streamline day-to-day operations.

To me BPRE was more about the individual stories of the investors and how they operate, with the hosts sharing their experiences as it related to discussion.

It should clearly state the operating income, operating expenses, and net operating income.

He was at the heart (and brain) of a fantastic educational operation – one that was undervalued because he did not charge much for it.

You need to know what to look for, what to address, and have solid buisiness acumen to run a MF operation of that magnitude.

Even really skilled operators are left with no back up plan because they can't pivot to LTR in that market, can´t fetch the price they paid because the STR has lost some steam and was bought using nightly rate numbers etc.

More than likely the asset will in a location where cap ex & management/operational costs are disproportionately higher and therefore your expense ratio will also have to be adjusted to a higher number.  

As a sole operator, you have all the policies and procedures in your head and can apply them to many properties without referring to a binder.

When I run the numbers based on these rents, the property operates at a negative cash flow.If I increase the studio's rent to $1,400 per month, the property becomes cash-flow positive.