We would need to know your current operating expenses (and rent) to be able to provide any suggestions.

The current one lasted 8 years and needs to be replaced (as per what our property manager is saying)I heard front loaders could leak, so I typically only do top loaders for rentals.

These repairs are through a contracting company owned and operated by the PM. 

Does your company only operate in Memphis or plan to expand to other markets?

How do these deals typically perform in terms of cash flow and equity growth? 

In solar sales (door to door) the setters typically make about this same range.Most companies in the house flipping world seem to buy lists online or run basic skip traces of areas and send lists to VAs to setup calls with the owner of the company.   

@Katie Lyon Because our weather is more temperate over the winter months, we have much more consistency in demand across all times of the year, so typically the market stays fairly consistent through all seasons.

The buyers I resonated with, who I believed in as operators–those were the people I was willing to be flexible with.

@James Dugan, Fort Worth has been known to crack down on PadSplits, but I do have several clients that are successfully operating there regardless.

If the home was still your primary residence throughout 2024 and not actively listed for rent, it would typically remain classified as a personal residence until the lease began.