I always look for a win-win that shows the tenant we want to keep them and what the top scale rent should be, then find a meeting place in the 60% range that allows the tenant to feel as if they got a deal and you also made the increase needed.The majority of our long term tenants who swore they would have to move, stayed. 

Other than ripping out carpeting, putting in some floors, touching up the kitchen, fixing up the blinds and some other smaller touch ups, the rehab is not that grand in scale.

As of right now my plan is to have multiple streams of income coming in from business, then use the equity I make from business to leverage down payments on multi-family properties, and the preliminary revenue I make from the investments to invest further and scale my way up.

We have done new construction mid and upper scale hotels with reputable brands.

I like building systems and the idea of scaling in the future is also enticing.

Of course as economies of scale increase, the cost should decrease.  

Two potential benefits of property management are time savings and let's just call it broadly profit optimization or getting the most bang for your buck.For a lot of people they will be taking a hit on profit when they hire a property manager to gain back time and scale-ability.

It may boost your income by giving you opportunity to earn commissions on real estate transactions in addition to imparting useful knowledge.Start with small-scale real estate endeavors.

We look forward to assisting you on the next transaction to scale your portfolio over time. 

The whole point of BRRRR is to be able to scale without saving up the down payment each time.