Unfortunately there is no magic template that works everywhere and we often let the market drive choices as that is what will put $$ back in our pocket.

If 2x, 3x, 10x the # of burger trucks flood onto a given street to offer burgers to the people, to meet demand 1:1 it has an economic effect of competion driving prices to REMOVE any bloat, any false margins, right.

For two reasons I could drive to the property anytime and handle whatever myself - I did not have a team in place to do what was needed to make the investment Successful and the second reason was control. 

I know it's counter-intuitive that more demand causes lower returns, but it's basically an investor saying I need to park 5 billion dollars now, and I'll do it for 0.01% less than the other guy.

I get a little over 2.5k a month without even trying, all thru AirBNB. 

Current systems and tools:- Assistant to manage payments, invoices, ensure rents come in and chat with tenants for issues- Melio for vendor payments- Baselane for banking - separate accounts for each rental and deposit- Google sheets for Income and Expense reporting- Azibo for rent collection automation with late fee automations- Drive for my leases, SOPs, and documentations of tenants move in/move outGoals of improved system:  ensure I have a read out of how each property is preforming month over month, check on big expense items, ensure vendors get paid, mortgages get paid and rent is coming in, generate APY on float and savings for any big CapEx that comes up, and make my life easier come tax season.Is there a single software people use or what do you do for your business systems to optimize all of this?

Still trying to find a house in Chapel Hill for our 2 UNC student daughters. Zero luck. Twice now, small homes that would be perfect have LEASES locked in through July 2025. Lender (One Brokerage from here on BiggerPo...

C market- if your 10x20 drive up non climate controlled is say $80 or less, the return isn't high enough for new construction. 

I was thinking of properties that were more 3-4 hour drive away rather than the midwest but I can still have these same issues. 

I can post on my social media and drive 50-60 additional people through one of my open houses.