A few years ago I got caught with a number of housing units I built in Philadelphia I planned to sell to owner occupants if not for the  2022 unexpected rate increases.

I have had luck with doing direct mail marketing for some of my past clients that wanted a certain area or neighborhood, you'd be surprised at how many sellers don't want to deal with showings and everything else that goes into listing a home. 

There is a company in my area that it looks like it will cost me about $400 a year per property but after this week I would welcome that "insurance" as I just had a large unexpected AC bill.  

Real estate is often full of unexpected and expensive potholes and you don't really sound geared up for that.. 

Stack, a fact which should come as little surprise :) An eventual future bill now seems likely to prohibit conversions in Union City alone. 

I feel like every project has its curveballs, and sometimes it’s the unexpected stuff that teaches us the most.

Quote from @Andrew Street: Hi Nick - If you’re looking for a property manager or cleaner, start by asking around in local Facebook groups or on Nextdoor—you’d be surprised how many recommendations you can get.

Surprisingly, you get a good mix of tenants.

This helps you identify which factors drive the best returns and make confident, informed decisions.It’s also important to test your numbers with scenarios like higher vacancies, unexpected expenses, interest rate changes, or rent adjustments over the years.

One mistake or big unexpected expense could ruin you if you only have one or two rentals that are not cash flowing.That said, especially in the current environment, if you are coming from a very strong financial position then there may be times where it may fit your goals to invest in a highly appreciating area with no or negative cash flow.