Not to mention we have grown our PM staff by almost 50% to help better support our growth and overall management.We are currently building out 5,000 lots ion Florida If you would like a free copy of my best selling book "Passive Income Playbook: How To Leverage Build to Rent Real Estate to Buy Back Your Time And Have a Legendary Family Life"  just let us know and we will send you a copy thanks Brandon  owned by a Japanese company, the floorplans are pretty poorly designed and larger than build to rent should be. the 4 plex they have is a higher price per door than th national average and needs to be modified. horrible designs.

U start going into markets like that and you will fail big time as you will have a revolving door of defaults and you will find it quite hard to get 10k down.

The 70% rule is solid, but in markets like South Florida, it’s tough to hit that target—especially with rising property values.

I am a PM with 60+ doors and did not get a PMS til around 10 properties.  

This is awesome, especially this advice for others inside of your own goal - "The goal for me this year isn't just to buy more doors, but to make a strategic leap into larger-scale projects."

I used to go and bang on the door to collect rent in cash which I don't do anymore, but I learned a ton with my first one. 

Power washing the exterior, repairing the driveway, and painting the front door.

Put the dryer in place and put the door on. 3.

Recommend you look at Lockly locks with built-in camera, so you can also see who looked at the property and tell if the door was properly closed. 

And just the other day, I was grabbing coffee with a friend who reps a group of invsetors out in San Antonio.. they got burned early on by not clarifying their rental criteria, picking up a triplex that sounded good on paper but turned out to have a revolving door of problematic tenants.A baseline business plan isn’t just a mind-numbing exercise.. it’s the guardrail that keeps your momentum from swerving off into the ditch.