By carefully managing the scope and cost of renovations, you can maximize the return on your investment.3.

For small MFH/SFH you have to find the deal, inspect, estimates and decide what to do, make a deal, get financing, get contractors, manage contractors, pay contractors, then turn it over to a property manager.

@Kyle McVay I self-managed my first 5 units and then transferred all new units to a PM.

Quote from @Greg Kasmer: @Pixel Rogue - Looks like you have a VERY solid portfolio.

It is currently rented, and we are bullish on the building and plan to keep the unit in our portfolio.

I have reviewed our Salesforce communication and the data from your portfolio, which only tells part of the story of your experience.

Are you currently self-managing or do you have a management company?

5unit is probably manageable.  20 unit is work I would think. 

I wanted to leverage as much as I can with the equity that I have on other properties that I have in my portfolio to use as a down payment for the investment properties. 

One of the most important steps you can take as either a startup landlord or seasoned one is to use a platform specific to property management as it will elevate your operation and save you tons of time.The good news is that nearly every software designed for landlords includes these features.