A goal of 40 doors is theoretical and likely just matches the income that you want to get to that ranch, but managing 40 doors, especially when they are broken up into 15-20 properties is a bear for you or for property management fees (especially so if they are not all near each other).

The perceived benefit to the investor is they either get the inflated price, or if the deal goes "bad" and the tenant defaults they get to keep all the deposit money and rent and all that.

@Timothy Franklin I'm happy to take a look at your deals to see if they would be a match for my buyers.

I have done small things like switch from glass wine cups to acryliic ones that look like glass and take a damage deposit of $250 that helps mitigate small things breaking that are over $50.

While still profitable, I’m exploring better opportunities and considering multifamily (MF) properties.In my search for $1M properties (with $150K–$180K down payments), I’ve found that the NOI often matches the mortgage payments, leaving little to no monthly cash flow.

And then your REI income matches your W2 income the first time etcTo your question: equity is the name of the game.

Are you only referring to damages in excess of the deposit?

We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

This is expensive but you'll have a place to work and meet with people when you're in town that matches your online presence.

The problem is that they do not usually give this to new people and/or people that do not have big amounts deposited into their accounts.I'm also CT based.