Yes, they are actually selling individual units as well

One of my applicants showed up with little credit but no defaults, no evictions, and only traffic violations and verified income high enough to cover well over 3 times the rent and I accepted the tenant despite there being some signs.He paid the rent in time for the most part until a few weeks ago when he stopped and I could not get ahold of him.

You've done well with your Class A rental, generating $500/mo in cash flow, this adds up over time.

Quote from @Ronit Lodd: Hi everyone,Curious to know if anyone with 10+ listings recommends a property management software that will keep up with scale, as well as could work well with Direct Bookings?

I am glad things worked well for you over the years. 

Maybe with an umbrella policy, if they are well off, wouldn’t have. 

8 in 24 months is no joke, especially chipping away one at a time, I'm sure it has come with plenty of teachable moments, but its awesome that you are able to ask the question of how to scale.To start, a hard money lender that is only allowing you to do one at a time with your track record is... well... kind of silly.

I was involved in a bunch of industries—from wellness and gyms to digital marketing and consumer products.

Rents continue to climb as well but likely not enough to keep up with increasing monthly mortgage payments when considering interest rates and soaring property values.There are 2 main schools of thought when considering investing in an expensive market like Long Island.- Robert Kiyosaki, Grant Cardone, and similar thinkers believe its best to invest in markets with higher cashflow while renting where you want to live.

Besides, make sure tenant has rental insurance that includes dog as well, if not they can take a separate pet liability insurance.