Both can save time and improve efficiency, depending on how hands-on you want to be. 

• Resources for Learning: We’re working on improving our deal analysis skills and would love recommendations for tools, books, courses, or calculators tailored for beginners.• Networking and Connections: Are there local Bay Area meetups or forums for new investors?

I like the one that requires payments to be deposited in an escrow account:New York state law requires that consumers receive a written contract for home-improvement work that exceeds $500.

It allows landlords to offer tenants a financial perk that can improve their credit health.

Some grow too fast and discover they've built a full-time job for themselves.Growth can also include improving cash flow, increasing property value, or optimizing operations.

Additionally, smaller properties (2-4 units) tend to have lower cap rates because they qualify for conventional financing, which impacts the math.If you’re struggling with cash flow, finding off-market deals or considering seller financing could be a good way to improve the numbers.

I think we are decent at bookkeeping- but have areas we can improve on.

To improve your business going forward, it is important that you recognize how you created the problem.There are a portion of residents that if you give them an inch, they will take mile. 

Value adds were a combination of market value increases, rentability increases, strategic maintenance and improvements during lease cycles, and property management.

These templates can help streamline your project and improve communication with your contractorThese should give you a solid starting point for your renovation project.