@Paul Lucenti It is common to equate acquiring more properties to scaling and many rely on buying lower tier market/neighborhood section 8 rentals to achieve this goal.

LOne common strategy is doing a cash-out refinance on one of your rental properties to tap into the equity.

Duplexes are very common here and are much easier to find than a Quad as well.

One of them told me they only have to provide 15 days notice, which doesn’t help if I am on vacation for a few weeks or haven’t checked my PO Box in a few weeks.

@yu liu, I believe management fee is 25% for my contract but every contract is different. 20-25% is very common among the vendors I looked at.

While this is not common, its also not uncommon. 

I think it's probably less common here but I've often wondered about how difficult it would be to convert a detached garage, etc. on a property from a legal standpoint.

I'd be surprised if the complex doesn't have individually metered units so you may be able to eliminate the utility expenses unless those are for common areas like walk ways, parking lot or laundry.

Glad someone else took notice!

As someone who manages over 1,200 properties, I can tell you that proper screening is where professional property managers (PMs) really shine.Here’s why working with a professional PM is worth it:Screening Expertise:Fraud in tenant applications is more common than many realize.