How about "Beyond The Pro Forma" - Hidden expenses and revenues/opportunities as you operate/asset manage a property....

If your main concern is on the refi end the you could also move some properties into portfolios (just make sure that you truly plan to keep these as they may have partial release fees attached).

This move would allow you to keep that long-term asset while using the equity to grow your portfolio—maybe even in a neighboring market.Selling (or Wholesaling):If you decide to sell, keep in mind that closing costs, real estate fees, and possible taxes could eat into your potential profit.

I saw where I can collect rent payments on Zillow, but it didn't say anything about late payment fees, so I'm unsure how that would work.

Small assignment fee

You will pay thousands in relocation fees to the tenant.

Almost all their competitors simply charge a $1/month/ per unit fee as you grow your portfolio, and I think that approach, still capped at $80/month, would be much better than these big steps. 

@William StromGenerally speaking condos can have higher HOA fees compared to Single Family Homes, so this can sometimes translate to less appreciation, but that can also mean a lower purchase price, so you can sometimes get better cash flow on a condo.

But most importantly, you'd have to pay the $800 foreign LLC fee in CA. - one single LLC - easy for administration, but defeats the goal of asset protection.- trusts - deeding each property to a separate land trust each and then the land trusts in turn grant beneficiary to an operating LLC.

You have to bake the management fee into your deals to make sure they still pencil out (which you should likely do anyway), and you let them handle a majority of the work.