My first foray in REI 10 years ago was on boarding houses.

Make them a deal like their first month/ or prorated month will be free "because of the inconvenience of having to move" and I think you'll find they will be on board with it, especially if you already have a good relationship with them.. 

I have had several conversations with the new tenants are they are already on board with the changes, they would just need to officially sign my lease. 

I would think so.Thinking out loud here though, even with a licensed agent/broker on board, could it not be interpreted that I was trying to circumvent RE law as I'm still brokering a deal/deals even though I or the LLC is a principal in the initial lease option transaction.It's an interesting option though, I'll give you that Brian.

In the meantime, while you're driving (or as a passenger) keep your eyes open for distressed/apparently abandoned properties and make a note (mental or otherwise) of the address.

@Maxwell Hunter No better place to be for all REI topics..Welcome on board!

Great to have another local on board.

I have some understanding of RE, but hard as I try to get on-board with the current affairs in the multifamily space (and I am trying, believe you me) - I just cannot see it.

Will it be extremely difficult to convince new clients to come on board if the company only has a single property?

Now that we've closed, fixed the house up a bit (basic paint, windows, a few other cosmetics), and have it rented out for positive cash-flow, I'm looking to bring on board a property management company so that I don't have a situation of my dad getting called up in the middle of the night if there is an issue with the toilet, power, etc.If this works out, I'm hopeful to continue learning and also acquiring more properties for my buy and hold approach.