I currently own a small Asset Management business that maintains foreclosures and REO's for the banks.

This venture is taking a lot more time than I had originally expected to get educated, especially with maintaining my full-time job, but I know that if I keep up with everything, it will definitely be worth it.

They may cash flow for a few years but over time a few hundred dollars allocated to capex is not enough to maintain these properties and they implode.

Would love to know what model has worked for you guys to scale up your business as I try and build up my own from 2 SFH's at the moment, while maintaining some level of sanity...

That said, it does not yet sync with my bank, so I maintain separate accounting in Quicken, which serves as the basis for our tax reporting and for balancing our checkbook, so I’m spending extra time (that I don’t have) maintaining much of the same info in two databases.For lost rent due to vacancy and non-payment, we assumed that we’d have the equivalent of 1 unit continuously empty, and despite all the renovations, we only slightly exceeded that over the first year.

Since your profile lists that you're managing 42 doors, and your post is indicative of at least a number of your own doors in what appears to be a multifamily, you've got a local rep to maintain with the other rough trade under your managed roofs.At the very least, make sure you never see this guy alone on your property again.

Ask the seller to hold 10% of the note for 12-24 months so you can add more value to the property and pay him/her 9% on their money during the term, refi the loan after you have added value, raised rents and maintain the same cap rate or higher during the process.

Something akin to the tribal law system which the government chooses to cooperate with and respect in order to better maintain social and national order.

I believe I know why they are doing it.One of the greatest frustrations with free rental websites is zombie listings: The landlord has already filled the vacancy, but because posting is free, they never bother to take down the ad.By charging a nominal weekly fee, Zillow recruits landlords to help maintain a very large and constantly changing rental database.I'm not mad at them.

The neighborhood has families who play catch in the street and the houses are maintained.