When prices go up as you move into better neighborhoods and/or more expensive markets, it will get tougher to exceed 1%.As others have mentioned, this is a good rule of thumb, but you have to run a full set of numbers to understand you potential ROI on a deal.

@Jordyn GeggIf you mean like property manage then you would need to get licensed and insured for each property since this new LLC does not own themI would not take on the Burden or expense of setting up another LLC for something like this since it doesn’t gain you anythibg

The debate is like a machine that riles us all up and sets us at each other.Just in case people reading this aren't familiar with my situation, I'm a DIY low-income landlord in C/D-class neighborhoods within a couple of small target areas.

I invest OOS, and I know I can outsource a Call center to get my calls and set the appointments with the sellers that are interested .

I have some pre-written advice for beginners, people asking if they should set up an LLC, how to find a property manager, etc.

There's no better person to follow right now.Check out Set for Life by Scott Trench.

I also use Pricelabs, which takes some configuring up front, but I have it set to only allow monthly stays up until about a month in advance.

At some point you have to accept that your first attempt may not be perfect, but if you set some guidelines and narrow your focus down to something that's achievable you should be on your way pretty quickly.

Any specific goals set up for 2025?

Read books like Set for Life by @Scott Trench and Start with Strategy by @Dave Meyer to get the mindset of starting on the table before going too deep into an asset class or something like flipping.