Thanks for sharing that and i'll definitely implement.

The most cost effective is setting up sub meters or implementing the RUBS system.

I am wanting to implement the BRRR strategy in the Boise Idaho market.

Should I just solicit investors and start implementing the improvements and hold onto the Master Lease even though I have a full-time job and little to no experience with commercial multifamily real estate, let alone 200+ unit complexes?

Earned my degree, became Microsoft Certified in .NET and SQL design, development, implementation and administration. 

@Mike Taravella be sure to implement a returned letter strategy for the undelivered mail pieces.Initially, I skip traced every returned letter and repacked the letters in new hand-written envelopes.

After finally finding a multi-family property I think I am interested in, I now realize I don't actually know the "on the ground" process for when/how some of these steps are implemented.  

I'm a one man show right now but I am trying to plan ahead and start implementing systems now for when I grow and start to incorporate VA's etc to delegate tasks.

I intend to use a split strategy which includes a flip or two per year to generate income (don't need much) along with a partnership with a loan sponsor in order to implement BRRR method.

Read BP regularly as well as every book you can find on the subject.The final thing you need to do is pick a strategy, implement it and start making offers.