@Tori Rhodes faster ways to scale:Buy a portfolio from another investor- Get seller financing from a savvy one that doesn't want capital gains hit!

Newsom signed that order post-LA fires making it illegal to increase rent beyond 10% in those areas impacted by the fires (one source: https://www.washingtonpost.com/business/2025/01/25/la-county... )If I understand you correctly, you're saying that PriceLabs is behind the increase in rates for your properties, taking them to either 10% or beyond of an increase which I'm sure is something someone on their board or engineers must be aware of- as an issue.

Actually, it is possible do structure a 1031 Exchange on the sale of one or more relinquished properties and then using the proceeds through the 1031 Exchange to construct improvements on real property you already own.

Ex, can't get one through Chase bank here, but went to our local Credit Union.

Quote from @Erick Pena: A "good" rental property is one that covers all expenses (mortgage, taxes, insurance, maintenance, property management fees, and any other costs) and still leave a surplus (commonly referred to as cash flow).Calculate cash flow as: Cash Flow = Rental Income − Operating Expenses − DebtThere's much more to it, but that's the basic idea.

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one. 

@Kevin Waymire - the renewal one is easy. 

I just helped one of my clients do nearly the same type of deal (his was with 40 SFRs) where he refinanced with a local bank and cashed out 7 figures.

How many micro units will you have in that one house?

You will lose one of the best benefits of the real estate industry, appreciation.