I understand you want to begin a property management company but that's a difficult business which requires scale to achieve meaningful profits.

Even when I was younger, I understood that it could be a great way to achieve financial freedom, retire early, and live without the stress of money constantly hanging over my head.

You have some ambitious and achievable goals.

Being prepared for these hurdles can make all the difference in achieving long-term success.

It's just going to be harder than you thought and will take longer than you expected to reach the level of success that you likely aspire to achieve. 

If the rent increase was below 8.6% and there was only one rent increase, another rent increase can be done to achieve the total of 8.6% (8.6% maximum increase for the year in no more than 2 separate rent increases). 

However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.

Please feel free to reach out to discuss how we can collaborate to achieve successful outcomes.Looking forward to hearing from you!

@Anthony Sigala my view is the markets that it is easiest to find a 1% ratio are unlikely to be markets where you will achieve good cash flow over a long hold.  

Multifamily rentals are a great way to achieve financial freedom, and it sounds like you’re on the right path.My advice?