That said, it's a decent leveraging position to be in if the seller is motivated. 

It's cheaper, more efficient, and leaves a smaller footprint.

What is the most efficient way to collect rent?

On top of that I work a fairly demanding W2 and wouldn't have been able to efficiently manage a bunch of subs.

Note: many investors focus on cashflow as a top priority when they start (often motivated to quit their 9-5 job) and later transition to appreciation/equity gain as a top priority to grow their wealth and shield more of their income via depreciation strategies.

Sellers who call you back during this time are motivated.

As I'm starting my journey into apartment syndication, I'm realizing the most time efficient way to scale is through partnerships.

So of course it is good to know your numbers, when it comes to marketing, it is more important to understand the "motivated seller".

We manage over 500 doors and having rogue deposits into our rental account is a nightmare from accounting, bookkeeping, and efficiency perspectives. 

Removed popcorn ceilingNew furnaceNew energy-efficient windowsLuxury vinal flooring throughoutBathroom remodel in masterBathroom updates for the secondary and half bathsKitchen remodelNew paint throughoutFenced in backyardStair remodelSustainable landscaping updates What was the outcome?