I wish I had the ability to do this - I'd jump on it in a second.

The ability to generate more income for simply the cost of a building is another huge cost saving over buying an expensive commercial lot and developing it.

However, in my market house values were outpacing my ability to save sufficient funds. 

Unlike REITs, direct real estate provides control over management decisions and the ability to leverage financing for higher returns.

When I started OOS investing in 2021, my realtor & property manager were the 2 keys to my ability to buy assets and take on the day to day management of the property.

The quaility of old existing units, and the ability of the long term population to pay new rents, blended with an influx of small high end mill conversion units is simply not balanced.

Then you will have the ability to either fix the house up and sell or rent it.

Doesn't affect us, but it would affect anyone with a hot tub because it would really hinder your ability to refill it.

In the time you've had this tenant, have you or they had any conversations about their actual ability to pay?

However, after seeing what we could offer in terms of amenities, location and service, they happily paid the premium rent associated with renting from us.I am not a natural salesman, but reading books on marketing, sales and hospitality has greatly improved my ability to convert a lead.