Do you factor them into your neighborhood selections or do these projects tend to fizzle out in Philly?

I like your suggestion of selectively canceling and offering a discount for rebooking.

In fact, even with my extensive experience, I choose to have all my properties professionally managed.Here's why:Tenant Selection Is CriticalThe most valuable service a property manager provides is selecting reliable tenants.

I've selected Collin, Denton, and Grayson counties as my investment focus.My goals involve investing in small multifamily properties and long-term rentals.

I would suggest keep learning and dig deep on the one real estate strategy you selected to pursue. 

Anything and everything that you can do to show others (and prove to them) that you have a talent for selecting properties and producing actual results.If you do that, people will take notice. 

Cash Flow & Value-Add PotentialA well-selected multifamily property could outperform the $2,400/month cash flow you’d get from paying off the townhouse, especially if you find a property with under-market rents or appreciation potential.

if you look at forced appreciation you can do that as a strategy but you are still limited by market supply, market economics, property ages you can't control. the strategy we do Is build to rent development where you build an asset 25% below market through infill site selection, land entitlement which boosts property values, as well as refinance once the property is stabilized. new construction you can't build something unless it appraises 25% below market anyways. so I think the majority of biggerpockets is focused on the strategy you mentioned but part of what I try to do is show other strategies that involve land, new construction, build to rent development, land development, land entitlements, smart asset design of smaller floor plates, infill locations where equity and values are higher, etc. we do this in Columbus Ohio.

We are extremely selective with the deals we pursue and who we pursue them with.... which is why we have the track record we do.

You can select the amount of the deductible, usuallyranges from $500 to $5,000.