Full Occupancy: The property achieved full occupancy within three weeks of listing, with strong tenant demand.High Cash Flow: The property generates $5,570/month in gross revenue and approximately $4,690/month in net profit after operating costs.Effective Use of 1031 Exchange: $300k of the total $420k investment was offset by the 1031 exchange, minimizing out-of-pocket expenses.Long-Term Stability: Designed for durability and versatility, the property is expected to cash flow for decadesLessons learned?

Even in the US when you have a mortgage, you should have a profitable investment if it satisfies the 1% rule.The 1% rule is generally applied to long-term rentals.

@Rene Hosman I’d be extremely happy with break-even, but I’d also be satisfied with ~$15k/yr.

Our repeat business rate is >90%, so our clients are satisfied with our services.The goal of real estate investing is financial freedom.

If a repair will take longer than expected, update them regularly.3.Surveys and Feedback: After a maintenance issue is resolved, follow up with tenants to ensure they’re satisfied.

Quote from @Derrick Lewis: Was the customer satisfied at least after your phone call?  

Would you be satisfied if you got 1/2 of the way there?

Quote from @JooYung Choi: If you were satisfied with your previous lender's services and the difference in rates / points is negligible then I would say use him again.

Let me tell you, there's nothing quite like the feeling of closing that deal and realizing that you've made it happen.As investors experience the profitability of our deals, they become more than just satisfied partners.

I know that my *least profitable* "door" right now nets $518.51 every month (I just checked), and that's a number I'm satisfied with relative to the amount of work I'd have to do to improve it, and I'd hazard most people who are door collectors aren't making anywhere near that kind of money on probably their best units.