It would give me the opportunity to inspect the property and ensure there are no other issues.This is not a scalable practice.

But I am also witnessing as well as organizing a newer more scalable model providing for a more cloud-based, remote, less-than-full service--model that is appealing for a large amount of investors and property owners who are interested in receiving many of the traditional services (rent collection, bookkeeping, leasing, noticing, maintenance coordination, answering phones, etc.) but who would be willing to pay about 1/2 the monthly fee in exchange for participating by physically being present to allow access, showings, servicing notices, etc.

Pros:Easy to useGives the tenant different options to pay.FreeCons:Takes a week at least to get deposit (free version)No appScalability questionable All in all I’m happy with the system but I’m only using it for one property and question its scalability (for more than a handful of properties).

David Sanford I started how you did buying turnkeys but recently went to syndication due to scalability.

As stated this is not scalable and at this time you are attributing zero value to your time.

While I'd love to see them make the interface a little better, I do like the simple, scalable $1/mo/unit pricing that's affordable for small associations. 

Is this a reasonable starting (and scalable) strategy, or should I shift my thinking? 

The best thing is to buy into house appreciation when you see it coming as a massive wave while ensuring that you can surf the wave on your board.For some, that means been cash flow positive going to the deal (safer and conservative approach)For other, it is acknowledging that you would be out of pocket every month until you sell the asset, which is OK... but that is not a scalable strategy

We have an LLC, but were told we can't get a conventional loan in the LLC's name.So, we bought a property with cash in the LLC's name (bad idea in retrospect because we can't cash out refi it and it hurt our scalability).Now, when we buy a property - it's bought with a conventional loan in one of our name's and the other parties involved transfer money into the LLC account (then into the buyer's account). 

I have been researching and getting really excited about the BRRRR strategy, it seems to be the best way to build a portfolio in a scalable and safe way (having done due diligence of course).