This month, I added two new properties for this very reason: being local allows me to respond quickly if needed.Being prepared for any situation fosters trust with property owners.

Landlord Response:  It's your customers that are causing the wear and tear. 

We've custom designed reports for clients before, so maybe your PMCs can do the same?

“Genius” me agreed to rent a house for them in exchange for fostering a few of my dogs (I run a dog rescue group.)

If you want to scale to bigger assets, then selling some and rolling the money into that asset may make sense.I would talk to @Dave Foster about 1031s, and look over all options.I know that I would refi the equity and buy the next deal.  

Also, a great QI (Qualified Intermediary) is @Dave Foster.

@John BertolonYou are in the customer service business.

Purchase price: $1,150,000 Cash invested: $300,000 Sale price: $1,628,000 Built in 1890, this Old Victorian was converted into a duplex in the 70's by a talented architect who made some unique and extraordinary custom design choices (read vaulted skylights) that made this property truly one of a kind.

I think you covered a lot of things already I was going to say, especially amenities and customer avatar.

Spent a lot of money on a useless custom floorplan and various surveying costs.