However, if they can adopt most/all your properties I think you also established a stagged approach to increasing their rent.

A few other things I'm considering;- I don't need the extra cash flow to live and am just approaching it to remove the high mortgage interest, but also hedge risk that the current stocks might tank in a few years.- Could take all current cash flow and a few thousand a year to pay off the property in 5-10 years.- Hold for a bit and 1031 into something else but am fairly confident there is not much appreciation to come on this property.

@Brandon Dixon starting out by passively investing in apartment syndications is a great approach, especially if you have a full-time job.

@Benjamin Sanders I agree that getting multiple quotes is the best approach.

Building a portfolio allows you to gain experience, develop systems, develop your own approach to managing properties etc.

Personally, I do not like any strategy or approach that aims to benefit from the misfortune of others.

We approach each eviction the same way and have our playbook every time a resident gets behind on rent. 

Try finding a lender that has a consultative approach and will walk through your first deal with you and really paint the full picture so you know exactly what you need.

Managing five rentals can eat up a ton of time in any given week, often at times that are inconvenient to you and your personal interests (family, hobbies, travel, etc.).Of course you can manage on your own.

Your location, your list, your approach, market conditions, time of year etc.The only thing I can tell you with 100% certainty is you'll need to SMS a lot more people than you will need to cold call.