Now, I see you are in Seattle, which much like Portland, has extensive tenant protections.

Most are performing well and a couple of them are in the middle of dealing with evictions. 

In 7 months, they have not produced ONE lead to close as guaranteed on their website (Launch Your Leads…LYL) A background  was performed prior to signing up, but we had no idea they were doing previous fraudulent scams under another name called Amplify My Business .

To achieve this, I’m planning to scale rapidly by performing a couple of syndications to acquire a larger portfolio.I currently have a portfolio of 17 properties, but to justify labor costs and create a sustainable structure, I need to expand quickly.

Typically the more extensive the rehab the higher the value add.  

You could just invest in a fund that should out performed what you are doing. 

They both have extensive experience in Duluth.Thanks for the mention @Tim Swierczek.

What’s your exit strategy if the partnership doesn’t perform as expected?

We regularly take over properties from managers who haven’t performed well, and it’s a seamless process when done right.

The two WORST performers are down 85% each!