One small tip: keep your communication channels clear and open with your property manager.

•Tenants demand prompt, high-quality service and without caring about cost •Vendors seek to earn as much compensation for their work as possible.Balancing these needs requires thoughtful stewardship, strong communication, and a commitment to fairness.

From what I’ve heard, properties that emphasize tranquility.. like offering outdoor seating areas, fire pits, or even something as simple as a hammock.. tend to perform exceptionally well in remote settings.You’re spot on about STR policies in Johnson City versus Knoxville.

You better reach out to them days before the auction and give them a simple choice: allow foreclosure sale  to occur or allow you to take it over from them, with equity justifying your purchase.    

I see so many new investors that lose thousands, sometimes tens of thousands, every year because they make simple mistakes.

They’re typically stable, cash flowing businesses that are straightforward and simple to understand.

Let’s collaborate and share insights...sometimes a simple conversation can spark your next big move. 

Realtor referred to the GC who was terrible at bookkeeping and communication.

It's a simple solution, get more info.

Abandonment: If the GC stops working altogether for an extended period or doesn’t show up, then the project can be terminated.It’s best to communicate contract termination in a written way via certified email.