However, as you scale, you will want to start delegating these "low value" tasks to other people.

Also, as you grow, the financials of the property become a bigger part of the underwriting, where smaller assets the borrower and their credit/income tends to be the bigger piece of the criteria.

This will not be our replacement plumber.My last big electrical task (former journeyman electrician) I was paying as it was going and the electrician just stopped. 

I particularly like the value-add strategy since it puts equity growth within my control.At the end of the day you can be successful in real estate investing 50 different ways so it just comes down to deciding which strategy is the best fit for you.

Schumacher Place was first to see growth due to sharing a boarder with German Village. 

I don't think you screwed yourself, you're in the middle of a growth period.

I didn’t spend a dime of my own money on it.As our portfolio grew and my management portfolio grew, it made my choice to leave my 9-5 an easy one given the growth.

So is data crunching - as an urban planner, I love using those skills in conjunction with Census data (and I'm oddly thrilled about the new Census this year) to track trends in demographics and real estate values over time to spot areas that are likely to see short and / or long term growth in both cash flow and equity. 

It's because buyer demand for value growth along with rent growth long term tends to be in the more desirable areas.The low end areas buyers many times purchase hoping for high cash flow only to land problem tenants that don't pay and wear down already old and outdated properties.

I’ve heard to watch for a chik fil a popping up, because they do extensive research before choosing locations and want to see growth there for the next 10-20 years.