Striking a balance between leveraging hard money and preserving liquidity enables investors to optimize their investment strategy.

I am a musician as well.

Set Up cameras, wifi enabled keypads to maintain direct oversight. 

This enables you to stick with one sheet/blanket/pillow size for the rental.

We build our business to enrich our lives, open our minds to life's possibilities and enable us to live limitless.Thoughts?

I would offer, depending on property price and type, a $500 to $2500 (no refundable) option fee to the seller enabling me to purchase the property within 30, 60, or 90 days for a specific price.  

A musician friend in LA bought into Realty Shares and likes that hands off freedom when he is in studio or on the road.  

Having paid-for properties is just about as close to mailbox money as you can get (what us musicians call our royalty checks) in the investing world.

I don't carry it because I'm afraid, but because it enables me to be unafraid.  

Budgeted Capital Expenditures (Capex): Comparing actual capital expenditures (Capex) with budgeted amounts enables effective cost control and appraisal of the property's long-term maintenance and upgrade needs.Units Renovated Per Month & rentals on Renovated apartments: Tracking the number of units renovated each month and comparing rentals on those apartments to non-renovated units aids in determining the return on investment for renovation projects and directs future capital allocation.NOI Pro Forma vs Actual: Comparing the predicted Net Operating Income (NOI) to the actual results allows you to assess the property's financial performance, including income production, expense management, and the accuracy of early estimates.Monitoring these key performance indicators (KPIs) for your multifamily real estate assets provides significant insights into their operational efficiency, financial performance, and resident satisfaction, allowing you to make informed decisions and drive the success of their properties.📈➡️ What you don't measure, you can't manage.