Fast forward twenty years and (maybe a $100M in cumulative real estate transactions later) and I'm still advising investors on asset management, typically focused on real estate as an agent OR mortgage broker, but conversely with clientele of my own age group with similar goals. 

Hi Nico,Thank you for your post, You mentioned that hiring a few virtual assistants (VAs) to cold call has been effective, and that text messaging is also performing decently,I specialize in identifying and revitalizing unique properties—those that are not typical, for example, I recently spotted a triangle-shaped property that has the potential to be transformed into something beautiful and valuable, either for living or resale, Could you please share your approach and any guidance you might have on the process of using virtual assistants (VAs) to cold call and the text messaging strategies that have been effective for you?

They do this day in day out and typically will have come across the same situation that you're in. i.e. radiator, summer is hot, old house, what to install for summer coolin? 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Typically in my experience at a large real estate development firm, we worked with local attorneys on the appeal process every year.

The heirs can choose to hold their shares and receive dividends or sell them.Passive: Allows investors to trade an actively managed real estate asset for a passive investment in an Operating Company that is typically run by an institutional asset management firm.Consistent Income: Operating Partnerships can issue dividends or distributions so that the investor has cash flow.Portfolio Diversification: Enables the investor to achieve diversification across geography, industry, tenant and asset class in an Operating Partnership structure.

Big box stores also typically have contractors they refer out or a list somewhere.

In contrast, legal advice tends to vary significantly; as you and I have both experienced, consulting different lawyers often results in disparate advice, unlike the consistency typically observed in medical consultations.Furthermore, the consistency in medical advice on fracture treatment is evident across various states, countries, and online resources, contrasting starkly with the highly variable nature of legal advice, which is influenced by diverse legal systems and jurisdictions.

Getting the judgment is typically the easy part - collecting on it is always the problem

Might be tough from area to area, but I typically find that homes built before 1950 that were converted from single to multi family are 9 times out of ten - a full gut rehab and way too expensive for first timers.