Many property managers tend to focus on physical occupancy rates, but what truly matters is the economic occupancy rates—the actual rent collected.

Focus on price versus competition and your weekly and monthly discounts.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I would focus on serving the draft team so well, that they keep you.

@William Bohan,I like your thinking of focusing on the actions that create more value.

I sat out the boom bust since 2008 and focused on returning to full health after a spine injury.

I'm a licensed contractor focused on interior remodels, and a realtor as well, reach out if you have any questionsBest,Ryan

Each year we've gotten better, and 2024 was a great for us with our main focus being the client experience. 

One thing that stands out is that they all have specialized and focus on a niche. 

@Jason MalabuteWe recorded a podcast with Ivan about six months ago, and although he may have used bridge financing in a couple deals, the way he's scaled his company and the fact that he is vertically integrated gives me the feeling that thesis going to be in this business for the long term, and focuses heavily on operations.Here's a link to his show --> https://jakeandgino.com/real-estate-wisdom-lessons-from-ivan...Gino