[Past performance is no guarantee for future results, but if you liked this post, don't forget to vote]

If you have performance history that is tangible, that helps too. 

The biggest headwinds in the worlds are energy security, acquisition, performance and land ownership.

You manage the manager by having inspections performed.

Class C & D cashflows well on paper, but requires exceptional management of low-income tenants and even then you're playing a statistical performance game (Sectio n8 is NOT the cure-all!).

I have acquired my experience from working on my personal live-in-flips and building ADUs, as an owner builder and self-performing most of the work.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Don't let tenants perform maintenance, particularly when they are complete strangers and you know nothing about them.

The seller did just perform quite a few renovations, and two units are already occupied, which is why the upfront rehab is currently $0.So yes, this scenario doesn't yield much monthly cash flow, but we are trying to work with little money down so the thought was that it would at least get us into the property and then increase cash flow once the $46K loan is paid off.

Sometimes, they can pull a piece of carpet from another area (eg closet) and patch it, but it can be hard to get an exact match as the colour will fade differently depending on where the carpet is.