At first I did it out of necessity as property managers in my area were charging in the range of 25-35% of gross rents and at those fees, it cut drastically into profits.Now that I've been self-managing for a little over 2 years, I've created systems to make things very smooth and I'm so glad I made that decision. 

There is no way to attract working people to these areas because of the safety issues and need to travel outside the area for basic necessities and any conveniences.

This is why I’m making the argument that cost segregation is a necessity for all property owners.Let’s start with what a cost segregation study (CSS) is so that we can build some context.

Hey JoelThe biggest number one concern in what your wanting to do is square footage there's a minimum that must be met, and there has to be enough to accommodate the necessities of living comfortably so figure the square footage and divide by 2 what do you have?

I'm aiming for long term financial freedom (to work out of passion as opposed to working out of necessity) through collecting long term buy and holds.I think you'll find value in:The BP PodcastsDanny Johnson's Flipping Junkie podcastMike Butler's Landlording on AutopilotAnd networking with the bright folks here on BP.Live large,Knox

and cash flow is several thousand per month and climbing.I didn't see cash reserves addressed in your plans, which is an absolute necessity when taking on apartment complex ownership. 

I remember the feeling of scarcity every day while growing up but they were able to provide the basic necessities that my brother and I needed.

Due to the recession we become landlords out of necessity but this turned out to be a real blessing in disguise.

So, it won't fly that direction.You need an easement by necessity.

That means they may have trouble paying for other necessities like food, clothing and medical care.