It is a very challenging business to scale, although it can be rather lucrative with a smaller number of unitsGino

But I'm attracted to the asset class, and the possibilities for scaling and financial independence.My time at my current job (almost 15 years of tenure) is winding to a close, and years ago I swore to myself that this would be the last time I would have "a boss".

Yes, tenant management software will save you time in the long run and allow you to scale without difficulty.

Based on what you've shared, I can definitely relate to your goals, as I specialize in helping investors like you scale their portfolios with strategically selected properties.Financing & Expansion Options:Given your current financials, here are a few paths you could consider:HELOC or Cash-Out Refinance: Tapping into the equity of your current property could give you the liquidity needed to acquire more rentals.

Multifamily gives great economy of scale.

I’ve read it’s somewhere around $1K and includes all of the contracts and information needed to scale accordingly.

Makes a huge difference especially in our economies of scale business model. 

We used to have in-house inspectors but it was hard to scale and with our heavies season being that of summer months, at 1000+ units we weren't able to hire enough inspectors for the last day of month move outs and first day of month move ins and then still keep them fully-employed in our slower season in fall/winter.

It sounds like you’re on a great track with your strategy to scale up and maximize the value of your properties.

Scale your portfolio slowly and explore partnerships or joint ventures if needed.Good luck!