Combined with strong tenant protection & no eviction laws, this seems like investing anywhere outside CA or HCOL coastal cities is the better investment decision.I decided I don't want to drastically alter my lifestyle from living in a walkable urban area to living in a car-based suburb.

Below are our 15-year results from >450 properties:Average rent growth of 8% since 2013.Average appreciation of over 15% since 2013The average tenant stay is over 5 years.Only 5 evictions in 15 years2008 crash - Zero decline in rent and zero vacancies.COVID - Almost no impactEviction moratorium - No impact2022 YoY rent growth 18%, appreciation 32%We achieved these results through the combination of the right location, tenant pool, and property selection.

I have watched a few BP videos and I get the concept but its hard to find "like" properties of a unique multifamily in a certain area.

It is such a unique market here (think Ontario circa 2015) and there are a ton of affordable, cashflowing rental properties on the market.

thanks for the mention karen.. every market is unique its hard to give any real feedback in markets one has no actual personal knowledge..

Screening applicants is a combination of self screening and 3rd party.

Always keep in the back of your mind that the cost of a vacancy is miniscule compared to the cost of a eviction combined with intentional tenant damage.  

I'll most likely use a combination of the suggestions mentioned above. 

Combining how you're traditionally paid as an agent with something more similar to how an attorney is paid really allows for a mutually beneficial arraignment.

Some of the additional benefits include:Reduction in current tax liability Insurance savingsImmediate increase in cash flowMinimization of recapture upon sale of the assetIdentifying disposition expensesIdentifying repair and maintenance expensesEnergy cost savingsConstruction tax planningPreservation tax credits (historical and new market)Fixed asset reviewDEIRA Reports (reduces insurance premiums, benchmarking reports, energy audits and reserve studies)Depending on the state in which you own the property, you may also qualify for state taxdeductions or credits which can be identified with a thorough cost segregationstudy.Real Estate is such a unique type of investment and pairing it with cost segregation makes it even more unique.