Thank you so much in advance and I know this is a general question is not base in any real example so I understand that the answer can be different for each property and situation.

Recent legislation has changed the rules for security deposits and a landlord can charge for their necessary work based on going rates.

We analyze the entire market simultaneously and rank the best cash flowing properties based on cap rate. 

If you overpaid in 2020-2023, based upon bubble multiples, the picture isn't as rosy.You have a choice to make:  Cut your losses or grind it out.

Even if you included $100 per month in maintenance/repairs and $100 in property management (I know a PM that will do 7%) you'd still be cashflowing ~$250 per month. 12% CoC return based on 20% down.  

Social Media Advertising:  Target advertising platforms like Facebook and Instagram to reach out-of-state buyers based on their hobbies and interests. 

Estimated home price based on comps is $250-260k and rentals go for $1,700-1,800.We both believe that small multifamily properties are the smartest way to start given our ages and desire to probably retire by the time I hit 70 - 10 years from now (if we want to).

Knowing how much you can afford, knowing your market’s strengths and opportunities, increasing knowledge on financial matters are all important steps worth taking when planning ahead through assessments.In planning for retirement, through real estate investment, you can capitalize on it as a resource adding extra passive earnings, protecting the existing wealth, and expanding the investment base.

Learning to make decisions first and foremost based on what is going to help me meet my (clear, written) business goals.

Asking price is $4M, based on $7M in sales, $1M in assets, $2M in inventory and $1M in net revenue.