<<caveat though - once inflation is considered, it isn't the greatest overall return - real estate market appreciation still likely way out performs it - but while we wait for a property, it works for us.  

Or tools, among a lot others, that you should have in your REI toolbox and learn how they influence each other and how to use them. 

I threw myself into education so deep that I'm fairly confident that there isn't a book, course, tape set, cd set, made from the time ....How to make friends and influence people,(a book on tape, which is mandatory reading if your serious about this business),  all the way to every guru's advertised course  up until the year 2000.....

This friendship is already destroyed.When you do finally get them out, perform a walkthough and send them a bill for every repair that you do.

Begin with a small daily budget to test performance, then scale up based on results.

Some top performers lost only a little 5-10%, some lost over 40%.  2023-2024 YoY so far is up 15% but ADR is down. 

On the sell side, my local properties have performed great with no hurricane risk.Mother Nature can be unpredictable and impact RE performance, time required, etc. 

However, I have a feeling that is not the case here.The only other exception i can see if you request that you want to see the performance of each specific unit.The next question would be since you already had a couple of multi-family houses, how did your CPA classify them on the tax return?

If you are working for an investor type of company it is normally paid based on performance.

Quote from @Liliana Bennett: Simon provides a good list, but that doesn't mean every PM performs all those tasks.