The acquired building were over 100 years newer and had more modern/desirable features like central air conditioning, integral garages, and fireplaces.Another time I 1031ed property in a distant town for property much closer at hand and easier to manage, it also commanded higher rents.

Based on my experience it would all matter on the deal at hand.

Do you want to be more hands on or have passive investments??

They B-C tenants you want will have these devices in their hands.

I had 20 units before and it took up too much of my time.If I buy again it will likely be a 100 units or larger so I can be hands off with infrastructure in place.

Ikea would be another good place to buy inexpensive curtains and area rugs.For us it just makes sense to have a few things on hand for staging as we continue to flip about 4-5 houses a year.

I never ask a listing agent to cut their commission if there is dual agency but sometimes they will offer to do this to help a seller accept my offer.On the other hand, when dealing with most REOs I use a buyer's agent.

Marc, definitely hadn't considered partnering financially on the first deal and splitting profits (hopefully) with a seasoned pro, great idea to gain some hands-on experience with someone else helping along the way.Joel, would love to hear more about your challenges/successes with your quads in Roswell sometime, thanks for the advice.

Yellow letters are intended to convince a single family homeowner that you are interested in their house and took the time to hand-write them a letter professing your love for their place.How in the WORLD would that messaging translate to multi-family, where the owners are LANDLORDS and BUSINESS PEOPLE that are - i guarantee it - 100% WISE to the old yellow letter trick.If you want to be in a business, be a business person.

I personnaly have not done any P.M. on vacation rentals. 10% is the norm for regular P.M. but vacation rentals requite more hands on work.