It provides a lot of automation including the ability for residents to pay rent online.  

Automate & simplify as much as possible.2.

NOI:$712,000   Revenue 300 units at average $220 per unit 90% occupancy= $712,000 per year$30,000    Advertising$ 4,000     Electric$70,000   Property Tax$15,000 Insurance$ 5,000 Maintenance, new location$30,000 Automated management $0, groundskeeper onsite parttime.$20,000 Miscellaneous$174,000 Op Expenses$538,000 NOI 15.4%            CAP RATE at $3,500,000 investment  9.0%             CAP RATE at $6,000,000 Sales priceValue Add:$20,000 per year Freeway billboard if allowed.($15,000) Reduce Advertising as Occupancy gets to 90% and your in place for 4 years with a Vortex of customers.( $4,000) Put in Solar and get rid of Electric bill. 

.• Turno: for finding cleaners, organizing and automating cleanings and cleaners’ payments.• Personal Capital: for budgeting, investment tracking, and retirement planning features.

I was going to make a low-effort post and ask how to automate one particular thing.

Over time (and with automation), the lines will continue to blur between MTR and LTR. 

However, my guiding principals are to lean in to automation, processes and procedures, and ultimately a passive investing time commitment.Emotional Bias: Emotional decision-making can be a significant challenge for self-directed investors.

But it’s over performing our initial income targets and we have it now as automated as possible.

Dust etc.If you setup home automation, you can monitor much of what goes on from your phone.

Join Rookie Podcast co-host Ashley Kehr to learn how to manage your investment property for optimal cash flow—from listing a property to automating your management.House Hacking BootcampHouse hacking doesn’t just mean living with a roommate.