They are usually fresh out of college with lots of debt--- that means they can't afford a mortgage.- Why buy a house you have to all the work on yourself (mowing the lawn, watering the grass, etc) when you could live in an apartment building with an on-call maintenance man to do the work?

I share the properties between the providers and can gauge their performance and price.The responses are great and they cover items within the infrastructure such as AC/heater,electrical, plumbing, garage door etc.If there is anything uncovered that needs to be fixed, my broker connects me with local handy men or professionals to take care of those issues.One of the providers, https://www.ahs.com/ charges $75 per call. 

The best way to explaining this is for you to download an IRR calculator spreadsheet or build your own simple one and play around with one.For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

These can seem simple but our great foundations for uncovering a great deal. 

Do your best to find some lenders that are VA saavy to make sure you are uncovering all the potential benefits that are open to you.

I consider myself to still be a newbie with only owning 23 doors but I remember that super fresh start feeling!

Bath and paint at the same time, I would like to cover up the popcorn ceilings throughout and give it a nice fresh coat of paint so first ceiling sheetrock, then ceiling paint, than wall paint, should trim and door frames come before wall paint?

Fun fact: a fresh coat of exterior paint every ~ 5 years can help reduce the odds of total replacement of product in that section.

It's like musical chairs and this will keep driving prices until the market finds an equillibirium between supply and demand, which all free markets will do over time, but since supply and demand are not that flexible it has to be price that will reduce demand until we are balanced.Milwaukee is also seeing a little bit of an increase in imigration due to climate change: smoke, fires, drought, hurricanes, floods, fresh water - in combination with remote work and low cost of housing compared to most of the country.

Even if they accept it, you run the risk of starting off with a bad relationship that will bite you later.Get rid of them and start fresh with new renters.No offense to the BP podcast guest, but building a binder with comparable rentals and then asking your tenants what they're willing to pay is a complete waste of time.