It may surprise you, but we have always operated under the premise that renewals make us more money than new leases.

Its being operated at STR from last 30 months with great cash flow.

, and I want my operating cost to be less than 50% of the rental income. 

I have always dreamed of owning and operating multifamily rental properties ever since I was a little kid.My mom has been in realestate ever since I could remember, everything from being a realtor, fix and flips, buy and holds, and long term rentals.

Operating your rental like a business is mandatory to protect you, your ROI, and your property.Hope this helps...

Do you or most landlords comply with the city ordinance to get their properties inspected & registered by the city?

I'm the director of operations at Your Tax Team.

LOL.I'll just put it this way - virtually all of the people who I meet out in the real world actually operating and owning profitable businesses don't even have a Youtube channel, and most of them have never learned anything from anyone who does.PS Anyone who uses the word rockstar to describe themselves is not to be trusted.

Do you have a 501c3 that you operate under (and rent the house from yourself), or do you purchase homes with an LLC or personal name, and run as a regular business? 

The key is to pick a lane—focus on improving as an investor, finding great deals, and letting a solid property manager handle the operations.