Much more efficient than taking applications at cafe's and then showing...at least in my area.Best of luck.

While there are some efficiencies in scaling, you also want to focus on finding better ROI's than your average portfolio so that you may some day "weed out" the lower ROI. 

Track everything you do and study it regularly to be more efficient with expenses and what thing you could do to make it grow.I am 60 years old.  

Acquiring real property for less than its current market value is, hands down, the most efficient way to create equity.

I've worked with a few lenders in the area for my buyers and he has by far been the most efficient and professional. 

Landlords may not refuse residential tenants of commerce in communications or require any certain provider.Actually, landlines in an emergency can be more efficient communication, have a tornado coming your way and see if you can call granny on your smartphone, "due to heavy volumes of traffic your call cannot be completed at this time, please try again later"!  

There would be less costs, less pain and more efficiency keeping this one by refinancing out your partners and bank, possibly even getting some cash out for your next purchase because of your 50%ish LTV.Maybe the same partners and bank would want to do another one with you?  

You are going to have to find out what actual market rent is for these kind of apartments.How are you going to figure out how you will be making money out of this deal if you don't know where you can be either more efficient or more profitable?

Installing low flow shower heads and more efficient toilets, etc are a big business because it does affect value so much.

Let's say that commercial properties take 2-3x times as long to find, the number of units you're dealing with is much higher so you're much more efficient and able to scale much quicker.Additionally, generally on residential you make your money on the purchase.