For property management, there are really good, emerging systems that can help you manage the day-to-day of service delivery, bookkeeping, along with project management  to keep track of 'to-do's' Hopefully this advice helps but feel free to ping directly to continue the chat!

Cap rate is expressed as a percentage and determined by local market.VALUE = NOI/CAP RATESo for this deal and way before I even purchased the property, I knew the market, had a clear understanding of income potential and built extra cushion in for expenses in my underwriting analysis.My strategy for value add deals is I follow what I call the "Fabulous Four".I buy assets whereby the property has one or all of these core elements, the ability to:Increase RentsDecrease ExpensesIncrease OccupancyFix Deferred MaintenanceSummary, my team was able to increase rents by fixing deferred maintenance items.

That’s a great way to meet fellow professionals in the space.After you have the content (and have started expressing it on these various channels), think about building community.Content + community = unlimited options, particularly when you want to double dip on both the buyer and seller side of a real estate transaction.

Co-mingling personal with business is frowned upon.How can you express his equity share in the business ownership?

Organize a meeting with the neighborhood and the developer to express your concerns and have as many elected officials who have an impact on the zoning present as possible to show the influence you have.

Everyone has the right to an opinion, I was just expressing mine. 

I furnished two entire 4 bedroom apartments for $2,500 including delivery.

*Tenants shall make no alterations, decorations, additions, or imporvements to the leased premises without first obtaining the express written consent of Landlord.

Originally posted by @Bryan Hancock:...I'm not sure what percentage of the accredited investor population is eliminated by focusing solely on income-based accreditation, but I would think it is at least half....I'm not going to comment on the third party accreditation question because I have expressed my opinions on it elsewhere.But, to your question above, there are two things to keep in mind.If you focus only on those meeting the income test it might be easier but you are not going to attract the most sophisticated investors holding significant assets.

I hope the post office shuts down so mail can be delivered by UPS, Federal Express, or some other private company.I like having tenants take the rent straight to the bank.