I'm born and raised in Houston and now work with a full service long-term rental management managing over 300 doors - all SF or MU (up to 4 unit).

I am about to graduate college in May 2025, and will be making about $120k (pre tax) in my full time job postgrad (Washington DC area).

Hi Everyone,I'm not new here, but I am transitioning from full-time work to full-time investor, so I'm looking to make connection in the San Antonio area, and across all hot US rental markets. 

The key is balancing protecting your business with connecting as a human being.

@Chris Seveney You are correct, taking the time to post to Better Business Bureau will result in nothing but possibly feeling a bit better (I say that seriously because of how human behavior works). 

Here's a breakdown of the situation:Current Occupancy: 80% (16/20 units occupied).Current Gross Rent Roll: $14,265/month.Market Rent Potential: $17,665/month (100% occupancy).Renovation Needs: 15 units require full renovation ($10K/unit), 4 units are 75% renovated ($2.5K/unit), totaling $160K in renovation costs.Vacancy Loss: $41,820/year in lost income due to current vacancies.Cap Rate AnalysisThe seller lists the cap rate as 9.59%, but this is based on the projected NOI of $119,858 (assuming full occupancy and market rents).

Since you are not doing super high end finishes as mentioned, doing high end flooring and all other stuff just above builder grade does not warrant tile or full wood flooring. 

Then there's the human part of the administration process.

Human nature I guess..

I'm originally from Kentucky and moved to Palm Beach County to pursue real estate full time.