For instance, if you finance a $180,000 property + monthly expenses and rent it out for $1,800 per month, your ROI in the second year might be around 2% --- And I say second yr because your first year you'd have added onetime costs on that financing.

My idea was to set a date for an as is auction and put out signs, flyers, and social media ads for the auction the week leading up to it.

Adding to @Dave Foster ' s point, REIT returns simply may not hold up over time.  

Hey Everyone, I have been working with investors for last 5 years and helping them in lead generation using different marketing channels like sms, cold calling, rvm, direct mail and google ads... 

We have added a long term rental property and are planning to add more for the future and needed advise. 

Upselling here is a thing of the past, the knowledge is constantly updated and new knowledge gets added at no extra charge because of the lifetime access of the program.

Keep at least all those rents added together plus another $20-$30k to cover unseen damage and damage that occurs during move out as well and any required cleaning.

I added value to the deal by doing a "live-in" renovation.

.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.

Call the bank(s) and demand you are re-added to the bank accounts, document everything your partner has done with funds from the business account that are unrelated to the business such as buying vehicles.