As a firm, being licensed in key states is important to sustainability of business and in some cases we outsource loans in states we can't touch.

I would maybe tell the property manager you respect their opinion and expertise and for them to prepare a detailed report outlining their postion why a 25 dollar annual rental increase is not sustainable.

If you have a market appreciating at 3% annually, your rents will not be able to sustain that same level of appreciation.

Change your story each month as different stories will resonate with different people AND use each story to emphasize one of your “who do you know…” questions.

The reason why my situation is so sustainable is that I'm in a pretty desirable location and people are really struggling to find places to rent where they can afford it and qualify. 

The more strategies you learn about, the more you'll realize which ones resonate most with you.

My advice is that while you probably might get away with doing this once, it'll not be sustainable.

So I like the strategy a lot due to its relatively low barrier to entry financially and it’s lasting sustainability.

Places that should be a bit "safer" and prices are lower, but still in an area where people want to live and not have a long commute to the nearest big city.No matter which way you go, as long as you buy right on your first one, that one will set you up to be able to get your next, then the next, and then it may be self-sustaining so that the cash flows from them can quickly accumulate to keep buying more until you have enough to "retire" and spend your time doing the things you enjoy.

If they are driven to succeed and build a business then we are able to give them the tools and training to build a sustainable real estate business.