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.

Set up a clear scope of work and schedule regular video check-ins with photo updates.

Don't spend time focusing on buying your first property, spend time setting yourself up financially so you can succeed in the future. 

Potential Reinstatement of 100% Bonus Depreciation: 2024 is 60%. 2025 is set for 40%.2.

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.

Then set up a bill-back for this service.

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

@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

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.