One of my most effective strategies is walking through the home with my contractor and having him explain the amount of work that goes into fixing homes that are in bad shape.

especially at the moment when you have a lot of vacancy (may increase further when you enforcing the rules short term). keep in mind vacant unit don't generate income and it's still a great return on investment (full year of rent vs what incentive you offer). that may keep him more motivated. also, I'd personally help with generating leads for new tenant and have manager mainly helping with onsite tasks (showing, move in, etc) for the short term. considering he's 70 years old as you mentioned, he probably are not as effective as using online tools for generating lead (FB marketplace, zillow rental manager, etc)Originally posted by @Cody Furman:Thank you, Bjorn. 

Economies move in cycles so if interest rates rise exorbitantly or there is a major global economic downturn, that will effect all markets.

Facebook marketing to this demographic could produce returns, but it isn't too effective because the majority of those home owners are not on Facebook actively.

In effect, you have basically demonstrated that the LLC and your personal assets are connected, and have given a lawyer an avenue to drag your personal assets to the table if the LLC is sued.  

This second assigment is not recorded and will effectively transfer your property to your LLC.There are plenty of informative videos about how to use land trust and llc.

If a house in on septic then buy an waste incineration system, they are available.

.,  as well as organized and effective local advocacy.   

Even that comes with headaches like drilling a well, testing it with your fingers crossed, dealing with waste, and paying for a new electric service.

Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but they are getting multiple offers to buy their home.