Lastly, reflecting on your own journey, what are some lessons learned or common pitfalls that you believe newcomers should be aware of and avoid?

A very common phrase that I redundantly use is "It's not about timing the game, it's time in the game" and you are in the game!

Owners/Operators have to identify new and innovative ways to offset these expenses just to survive.One of the most common solutions I keep hearing is bringing property management in-house (aka vertical integration).

This is somewhat common.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Now, if you have other golden nuggets overturning the common misconceptions, please don't hold back.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

@Tyler HodgsonKilleen MLS Duplex transaction volume (2024 YTD) + Average Price:Same for DFW:So a similar ratio. 2-4 families just aren't that common in DFW. 

This is a common problem.

Zillow, apartments.com, outreach to local companies that common sense suggests would have project based 1-3 month employees.