I did not choose.I selected configurations similar to what they were renting—for example, 3-bed, 2-bath, yard space, etc.I focused on locations where they were currently living.I set rent prices within their budget.SummaryI became successful at real estate investing once I understood that what matters is the tenant segment who occupies the property.

I really do not see tax policy effecting the market very much.Just my 2 cents, thoughts?  

@Andrew Steffens I think we've been able to avoid cheap owners by taking on the expense of many of these consumable supplies, which effectively removed them / their spending philosophies from the equation.

This is because the earlier years see a large jump in IRR due to the leverage used, however this effect diminishes in later years.2.  

In my opinion, this is much more effective than texting, which often feels like a constant game of cat and mouse with phone carriers.

They can be a bit on the pricey side and they can be selective on the development/construction side, but overall, they're solid.

Normally, my team handles cold calling and texting, but recently, we started using an AI-powered texting solution from a startup called Adforce, and the results have exceeded our expectations.In just the first month, we closed two deals that gave us a positive return on investment, effectively covering the cost of the service for the entire year.

As you look toward your next property, I’ve been reflecting on how crucial it is to leverage opportunities effectively in this market.One thing I’ve learned from my own experiences is the value of collaboration.

It would effectively end everything they do. 

Update for Chicago investors : As of right now the ordinance takes effect 11/9 but any property under contract before then is exempt.