The JWB team is very easy to work with, diligent, explain the whole process and always follow up on questions you may have. 

So if I am reading this properly, you are operating a property without a proper permit and have an illegal basement rental as well and basically got busted?

This is particularly important in areas with rent caps because you can suddenly find yourself well behind market values for rent.As for how much, that depends on your market and what rents are in the area. 10% is a lot and you may have tenants move as a result. 

I'm curious to learn from this community—what strategies, partnerships, or team-building techniques have you found most effective in scaling your real estate ventures?

(Always remember that)I’d recommend diving into some BP forums, work with other agents (some of them, like my team have GREAT Off Market Opportunities) for distressed properties — there are also plenty of investors here who can offer insights and tips on improving offer terms, timing, and strategies.Remember that building a strong network of agents and wholesalers in your target market could be a GAME-CHANGER, helping you get ahead of deals before they even hit the market.Keep us updated on your journey!!

With switching to an entirely different field, it would probably be a good idea to get a little bit of experience in the day to day operations of property management, as well as familiarizing yourself with some of the Colorado fair housing laws, minimum property requirements, etc. 

The seller can provide all the documentation in the world, but you really have no clue if they are making it up or not.The best signal I've been able to get regarding whether or not an inherited tenant is "good" or not is how well kept they keep the house.

Boise) as well as people buying to get rich quick at decade RE highs and interest rates!

Geographically, pm support team, unit type.  

The same company that handled the acquisition has an in-house property management team that we are working with.