Everyone else is through tech, private equity, stocks, building operating companies, etc.At the end of the day, investing is investing.

By being physically present, you can gain valuable insights into the property's operations, interact with residents, and assess the team's performance.

So I think the operative wird is balance.Note - Most of my career in Construction was spent working for exremely wealthy people that you speak of. ($12 mm dollar houses and all that....)

Honestly, upgrading to a commercial-grade stackable setup like Speed Queen or Maytag might be your best bet.

Appreciation: Are you primarily looking for immediate cash flow (rental income exceeding expenses) or are you betting on long-term appreciation?

It should clearly state the operating income, operating expenses, and net operating income.

They can serve the initial notice to vacate but the actual court filing needs to come from you as the owner or through an attorney.Given you're out of state, working with a local eviction attorney is definitely your best bet here.

This level of professionalism becomes second nature.Frankly, when you come from a corporate background and you enter REI you are shocked by how primitive most "investors" operate.

I would say for most people, the 1st position heloc is no a good bet, especially if you have a 1st mortgage rate of less than 5%.Using this strategy with a 2nd position heloc can be just as powerful, so you can have your cake and eat it too!

I don't understand why they operate this way.