Employees won’t think exactly like owners, but tying bonuses to behaviors and KPIs they can influence is key.Focus on metrics like tenant retention, minimizing vacancy days, and timely maintenance resolution.

Even minimally.

However, if you minimize your vacancy exposure, you may find (just like I have witnessed for years) that it is a much easier and more beneficial strategy.

I agree with @Ashish Acharya if you're interested in reinvesting the proceeds into another investment property and your goal is to minimize your tax liability a 1031 would work out well for you.

Keep your payment at no more than 35% of your income and minimize your credit card and auto debt.  

Quote from @Rajagopalarao Paidi: Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has Do it FSBO if you want to save them and then hire a TC or company to do the work...

While we faced minor delays with contractor scheduling, strong project management minimized impact.

I've added a few things for very minimal cost that guests really love and increased revenue ~34% year over year.

Rehab Scope:Cosmetic remodel: Painted the interior/exterior, updated the kitchen cabinets and countertops, and installed new flooring.Modernized fixtures: Replaced light fixtures, outlets, and switches throughout.Enhanced curb appeal: Painted the brick exterior, added landscaping, and modern black accents.Timeline: Completed the rehab in just 4 weeks to minimize holding costs.Strategic Upgrades: Focused on cost-effective improvements like vinyl flooring and fresh paint, wh What was the outcome?

If you have insights on creative ways to acquire rental properties or storage facility businesses with minimal capital, I’d love to hear from you.