it depends, you going with an 80% efficiency system or 97%?

Beyond the lessons from the projects themselves, building a business that’s efficient, diversified, and focused on the luxury market has been a game-changer.

LLC-A deducts the 10% management fee, while LLC-B reports it as active income, subject to self-employment tax but eligible for tax-efficient salary and distribution strategies.Ensure the setup has a clear business purpose, reasonable compensation, and documented management services to avoid IRS scrutiny.

I am also not sure my self-management is efficient -  could a PM do better for me?

I agree with everyone above that there are more efficient ways to turn FF leads into residents.We use Avail.co (not "dot com") to manage our rentals.

Focusing on just a few markets gives you efficiency at scale with your team and process.

If we build more, dense, "dormitory-style" housing or similar, we can more efficiently house people, bring down costs, and everybody wins. 

Hvac 7500 I could have done it a bit cheaper(6500) I used a high efficiency unit.Plumbing 4500-5000Electrical is in flux but I think around 6-7.I put a WD and a dishwasher in this unit.Again please forgive the typos, I usually update with an IPhone whilst feeding the baby....

A good property manager can help with tenant screening, enforce lease terms, and handle evictions more efficiently if it comes to that.Require a Larger Security Deposit: Within the bounds of local regulations, a larger deposit can provide a cushion in case of damage or unpaid rent.Consider Rent Guarantee Insurance: Some companies offer insurance products that can cover lost rent in case of tenant default.

We're improving units, management efficiencies and bringing rents to market value.