Have you increased your income 20% since joining SubTo?

These were originally built for students, but with population growth outpacing student numbers, they converted and are now thriving as traditional multi-family units.

If I could do things over again, I would likely manage things manually.I could see software being valuable as you increase your number of doors, but for a small number, it doesn't seem worth it if you're reasonably organized.

If you believe that rents and property values will increase in the future, it might be worth accepting the negative cash flow for now.

Florida is definitely getting riskier and it is mostly due to the increased insurance costs (from weather and natural disasters as well as fraud). 

Putting five unrelated occupants in one home means five cars parked outside, five different group friends visiting the home, increased likelihood of noise or parties, and other problems.Personally, I have pretty strict requirements when three or more unrelated people are renting together because of the potential problems.

As of mid-2024, the median sale price in Stockton is around $460,000, showing a modest increase of 3.4% year-over-year.

Rental Demand ShiftsRemote Work: The increase in remote work has changed where people want to live.

My goal is to generate cash flow, no knowledge on how to increase the NOI, no experience in house flipping, just some cash from inheritance.

Consistent rent growth can signal strong demand.Job Market & Population Growth: Rental demand often follows job and population growth.