I also appreciate the emphasis on repetition—being top-of-mind, seen as an expert, and gaining trust is key in this business.I will be implementing this strategy, starting with building out my Excel list and then start making those 5-10 daily calls.

Not saying it cannot be done but be aware that these programs I have heard good things about but also recognize timing and you may have a great education but bad time to implement

Since you’re considering converting the upper unit into a short-term rental, you may also want to implement strict rules around smoking or strong odors in your house rules to avoid future issues.

A con would be that a cost segregation strategy was implemented, and the investor sells it within 5 years with no intention of doing a 1031.

Ultimately responsibly using leverage (both equity and debt), implementing systems and buying good assets with realizable equity  is how you scale while operating a sustainable real estate business.

I'm happy to set up a call to discuss how Memphis could be a good fit for you depending on what strategy you're looking to implement.

I think implementing these strategies will allow me to retire early and hopefully have a steady stream of income to supplement my 401K retirement funds :) 

Therefore, it’s not guaranteed to be approved or implemented as it currently stands.

@Treza Edwards "I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

Nightly rates: Yes, but the benchmarks should also be lower.Year 2 turnaround: What strategies could we implement to project a higher ROI in our second year?