To scale this route you need to have a good system in place to ensure you are profitable.

2 or 3 bedroom properties would be more profitable considering their cost?

If we do a full rebuild, are retail shops the most profitable? 

Since 2020 we've seen large asset value increases and large tax increases, and more modest insurance increases but we've been able to improve our profit margins sufficiently to keep up with inflation and even do a little better in many cases.

Define roles, financial contributions, profit-sharing, and responsibilities in a detailed agreement.

We've been head down for 5 years getting started with this portfolio, just starting to become an evangelist for sober living now that there's some proof in our business that it's impactful and profitable.

It keeps everyone on the same page.3) The downside of using a PM who has their own maintenance company is that you might end up with larger bills as it is a profit center for them.

Lots of areas that pencil very well on paper but the quality of renter you will get is going to eat into any profit you may think you are getting.

Quote from @Conte Cuttino: Property is in C+ area but in a different School district that’s B-If I sale I’ll get 30k profit after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a illegal 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.

I have 3 joint venture deals that were presented to me as netting 170% profits in 2 years.