I'm basically here to make connections and collect information.

Generally, grouping allows you to count all your hours collectively toward the 500-hour threshold, simplifying the qualification process for multiple properties.

In the end my buddy and I nearly broke even after we included the monthly payments that we collected.

You collect market rent (You might be collecting less net rent without a PM, you’re essentially managing for free.)

I am very impressed with the data that they provide though.  

The property before the 1031 exchange was collecting $1600 a month rent.

This frees you to focus on higher-value tasks like growing your portfolio, owner communication, and big-picture strategy.2.Adopt a Portfolio Management Structure: Early on, I ran a departmental structure (separate teams for maintenance, leasing, collections, etc.), and it caused inefficiencies and communication breakdowns.

Luke - as an active investor and Realtor in mid-sized NC cities, getting 5% with today's home prices and interest rates is impressive in areas that aren't D or even C class assets/areas.

@Collin Schwartz very impressive.

.- Rental loss - PadSplit claims they collect 97% of rents, but I've spoken to a few hosts who have said that a much larger % of their tenants get kicked out owing $500 or more in back rent that is rarely ever collected - what's your experience been here?