I will have to keep an eye on the relationship between AVG New Listings and AVG AO's.

Looking into residential multifamily properties currently, but with an eye toward commercial multifamily in the (who knows how far) future.

Whether you go turnkey or build your own team, go out there, tour the market, take a look at their handiwork, look people in the eye.

If not, are you suggesting that you'll buy them their tools, pay for their workmans comp insurance, pay for their liability insurance, deal with the details of hiring and firing, etc...Sounds like much more overhead than what you'll gain...lol...there's a slumlord in town that tried his hand at flipping houses...one of his crackhead "handyman" sleeps at the place and keeps an eye on it...he invited me in, and man what a mess!!

Hopefully this incident was a fluke.The Fallacy of Sunk Costs :cool: Although not quite enough to cut them loose, I'd be VERY careful to make it clear that this is not acceptable behavior and they'd better follow the letter of the agreement at all times.Poor tenants always end up costing you a ton of headaches and costs.Keep an Eagle Eye on them and show them who's The Boss

We consider that by having both their eyes and mine on the deal, is that 2 sets of eyes are better than 1.

I keep my eyes open for good deals all year long.

Bank will loan funds to renovate...20K can turn into 40K easily with leverage and a good eye for deals..Research, Prepare, Inspect, Buy, Restore, Resell...Repeat...

Explain that since a month to month lease leaves you vulnerable to a winter vacancy you will begin keeping your eyes open for a 1 year lease tenant.

Replied the Master, "When you have one eye on the goal, you only have one eye on the path."