But I really feel that 6+ makes for a better, more stable, more efficient rental machine, as expenses are proportionally less at that scale.On the other hand, I don't want to rush just because I have no job and need the cashflow.

Hello,What is the most efficient way to collect rent payments?

I do know a lot of people that think they are good ways to store cash, outpace inflation with appreciation, utilize a number of tax efficiency strategies to improve their overall financial picture, and make a little mailbox money of the rent in the process.

I'm considering things like: low flow faucets, energy efficient lighting, etc.I'd love to find a way to reduce the cable and internet bills as those are the biggest expense in each unit.

A lot of these focus on residential wholesaling and flipping which I have zero interest in since I do commercial real estate.I agree for the experienced investors you would get more out of meeting other investors with knowledge.I usually meet up with people one on one for lunch etc. to talk shop or on the phone.This way you don't have someone brash there or trying to sell you junk.I can use my time much more efficiently this way.

I can't say that I've had any as extreme as you described (I've had holes punched in doors and walls, doors kicked in, graffiti on interior walls, deliberately broken fixtures - but not all of those all in one place from one tenant).That damage is sort of like the "going postal" stuff in the workplace.

I think hardwoods, even with obvious patches or filler strips is better than putting down carpet as a long-term, efficient wearing surface.

In the case of real estate, the easiest, most efficient method is all-cash.

I'm sure it gets to a point where your flipping/renting business won't be a efficient business in terms of reinvesting your cash back in.

The REAL rich have bought off our government though, so that won't happen.Actually, there's a much more efficient way to fix it -- INNOVATION.Innovation breeds jobs.