Due to the increased costs associated with the property, we are instituting a X% rent increase, effective 1 March 2019."

why waste your time and effort on this... spend that finding a better property to wholesale.

@Caleb Heimsoth good point, I see the value in doing it on occasion or like you said if it's a property you don't want to hang onto but the people who think they will grow an empire without huge marketing budgets seem to be spinning their wheels while wasting money.I love how @Jay Hinrichs almost always tells them to get a real estate license and be a realtor.

Don't waste time worrying about entities.

Spending money for 4 months use is a waste of money.Tell them that according to the lease you are not going to replace the washer and you have no intention to repair.

Although he's big on some pre-internet tactics such as door knocking to ask if people had friends or family interested in buying a house, and wanted me to go to realtor's and mortgage lender offices to make connections with them rather than call, some might argue these are still effective tactics.

There is a lot more to effective property management than placing for rent ads and collecting rent.

Are there any marketing tactics that stand out to you as being most effective ?

I've also been having a lot of luck with facebook marketplace lately but Travis is right, by far the highest amount of tire kicker and wasted time, in my experience by FAR the highest no shows as well.

Has it been cost effective or positively impacted your brand?