Cash flow is small potatoes compared to equity over long periods of time.If you want cash flow, start a business. 

Many have gone like the wind, new ones pop up and will also disappear with the next breeze.Selling crap properties, in crap areas for more than they are worth and then passing on to 3rd party PM that nickel and dimes to death.It's a shame but it's been the same cycle since I started in 2012 and even longer that I remember.I feel sorry for such investors that commit so these providers but I feel even sorrier for those that try DIY BRRR from out of state.Asset classes are variable and "Potato" "Potato" lolFor example, I can almost but guarantee that my B class in Toledo for $90,000 for example is D class in Cinci.Lived in Middletown and owned a few rentals in Cinci so know the market decently.It also comes down to how someone was born and bread.I had investors come from Cali and laugh at me and my "B class" properties.They said it's Z class.Even tho my entire team lives in the area and so did I for 10+ years.No silver spoon in my mouth growing up and I wouldn't sacrifice my families safety in a so called "Z class" area.But we are all different, right?

So far, I've installed vertical blinds for the sliding glass doors, covered the lanai with mesh and added a whole-house water conditioner, which also includes the reverse osmosis system for the drinking water.What was the outcome?

If you are not then you will see a ~$10k foreclosure sale, a resale less than a year later to an unwitting out of state investor for $50k, and the current attempt to sell it for $58k to get the current poor bastard out of the deal and cover the cost of the sale.Be very wary of becoming the next guy holding the hot potato when the economic music stops...I see rent rates have stopped rising and our local MLS shows an increasing number of days on market so I feel the music is slowing.Hope this helps!

I consider myself small potatoes in terms of property management: I just got my first two units in March and I am technically a property manager in that I am managing my properties that I bought; I haven't yet worked with clients or made business arrangements outside of my own interests.

They were left holding the hot potato when the market turned.

INvestors would drop him like a hot potatoes.. so far that hasn't happened. 

You don't always have to build a potato tree house with pillows filled with instant potato mix to stand out. :)

And of course we were "going to end up being fried like a potato in nuclear holocaust", How do you plan your investing when everyone will be living in a Mad Max world. 

But this is Potato, "Potato" talk.Could happen or like in your case, one can build a large and successful portfolio and do really well.Hat's off to you and well done mateA great way to think about real estate and business in general is protecting the bottom line first and foremost and looking at things from a worst case scenario standpoint.All good things take time.Appreciate you mate and I've heard great things about you.To your success