Local Regulations: How do local landlord-tenant laws, rent control policies, or other regulations affect investment profitability?

GoodbudgetWhat makes it unique: The Goodbudget app uses the popular envelope budgeting system, which allocates portions of your monthly income to virtual envelopes, or expense categories, like groceries, gas, debt payoff, etc.

All of my properties are A/B locations with responsible tenants who make their payments through an online payment system.

We have our own irrigation system, we also have our own water source which we invested in.

Treat it as business relationship where it is mutually beneficial not just some guy you are trying to control and squeeze every bit of "what can you do for me" out of.

A larger multifamily build would generally be more cost efficient as you have less exterior footage and can combine MEP systems.

I've tried many different strategies, and all have turned out average...economy of scale and systems & processes play a key role in long-term success.

It was a cluster of a problem getting one due to circumstances beyond my control but I finally found a good one.

@Saurabh Patel most important - take control of your property and the tenant!

If done this way, the investor could use this as a powerful tax strategy to spread the taxable event over years, lowering the effective tax rate faced from the taxable events.I have heard professionals compare it to an installment agreement, but with more control.