Define and Standardize Core Business ProcessesA scalable business requires well-documented and repeatable processes to ensure consistency, quality, and efficiency as you grow.

So, insurance premiums are getting VERY expensive.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

For example, you could print high-quality postcard-size flyers for a direct mail marketing campaign.

Assuming you are in the 22% - 24% federal tax bracket for most of your income, your tax would be about $76,000(disregarding standard/itemized deducitons and other income).If you can somehow show rental losses = $300,000, you would get a refund of her federal taxes and potentially state taxes also.

that could determine the quality level the unit needs to be at for a new tenant- Am I doing the work myself, or hiring out?

I thought the same thing on the quality of networking was a level higher. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Piffard.

Purchase price: $125,000

Cash invested: $38,000

Our Mission: Provide Better Homes for our Veterans and those most...

I would consider 1031 exchange to one high quality Nevada or Arizona SFH or duplex but high prices and 7% interest rates are dissuading me from doing anything.

In my opinion, the short answer is to use your cash and refinance it into a 'standard' loan if you are going to rent it or sell it when you are done. 

I can give you an example in my market here in Cbus for SFH 1,200 sqft:Roof - $7k to $9k Siding - $9k Windows - $450/window labor + material Flooring - $5/sqft Paint - $3k to $4kStandard Kitchen - $7k Standard bathroom - $5k This is just a general idea from what I am seeing.