Property management - to be profitable - relies on scalable processes and procedures. 

I started out losing money because of employee salary and office space, but we quickly grew enough units that it paid for itself and then became profitable within a year.If you want to pursue this, I recommend finding an existing PM company that wants to sell.

Many of these projects derive 50% or more of their overall profits from reversion cap rate assumptions and some type of compression that probably doesn't exist in the current environment.  

Section 8 can be very profitable, but it's not smart as a first investment or a one-off because there is a lot more red tape.

Do you know if it is possible to have a tax deduction for interest/profits earned on promissory notes/PML?

I am not sure if the company as a whole is cutting corners to "maximize profit," detached from the concerns of property managers, etc., but the quality of its service evinces a deep disregard for customer satisfaction.

Time for a pro and con list: Pros: - consistent rent - prequalified tenants - higher profit margins- free marketing - less eviction Cons:- required inspection - security deposits are not included - delay payment before the first payment  

Below is a link to Josh Andrew's book which is an excellent starting resource, and an e-book from Dave Van Horn about NPL investing. https://www.amazon.com/Paper-Profits-Beginners-essentials-mortgage-ebook/dp/B06Y4C7X6Y/https://www.pprnoteco.com/wp-content/uploads/2016/08/Intro_to_Note_Investing.pdf

This combination of low taxes, low maintenance, and high rental potential makes Vegas a strong contender for savvy investors seeking long-term profitability beyond just the purchase price.

The City has an "Eviction Prevention Task Force" which includes Judges, Attorneys, the Sheriff's department and non-profit groups and churches.