Also, would it be in poor taste if we contacted the tenants prior to closing?

Some ideas for content for college students- - You could sell ads for little college side-hustles (tutoring, yard work, ride sharing to airport at Chrismas- Ways to reduce energy bills-Gift ideas for your mom and dad who are hard to shop for- Why you should remove dryer lint with sensational story you find online- Cheap monthly recipes that taste good- "Biggest Loser" competition with prize money (an old complex of mine did that)- Great new cheap place to eat - Your business stuff that you really want them to read: late fee reminder, lease renewal dates, guest parking, pool rules, trash guidelinesAs I type this, I wonder if your situation of tight geography and demographic might make for a good closed Facebook group for only your current tenants.

Tasteful higher-end finishes and modern open concepts, plus brand-new appliances.

And let me say, those investor buyer sharks will know where you swim and wait for you to begin to go half way under before they take a bite at your flailing deal and taste the opportunity of additional gained profit once you are circumvented out of position.This is what can happen if you don't have a secure buyer's list, most importantly a rapport/relationship with the money man...

This deal was heavily influenced by personal taste (we would also be living here sometimes) and short term rental needs (had to be furnished, and upgraded) We also hadn't done a ton of REal Estate investing education at that point!

What a shame that Bill and others have such a negative taste in their mouths about gurus.This anti-guru sentiment which is repeated so often here, is keeping BPers from even attempting to learn creative financing or anything else.

For one, because I have enough of them for my taste and for two, because the multis give me better cash flow, better rental income diversification (vacancy in an sfr is 100% when the tenant is gone).

" I would rather taste failure from trying than fear from never taking the first step.

Under the right circumstances it can be a real opportunity for a grand slam and worth consideration, but, it takes knowledge, capital, and a taste for some risk to make that grand slam happen.Don't be afraid to pay for good advice in areas you are lacking in knowledge or expertise.

Was also thinking of trying airbnb for a couple months to get a taste for it, but sounds like until you manage to build up a lot of reviews occupancy rates will be even lower than the average.