No cell phones, no texts, no online portals and rent payments, no electronic signatures, some email, newspaper ads and a lot of door knocking (I can almost feel some of you more seasoned PM vets nodding out there). 

The Lift The Ban group has paraded folks who've lost their rentals due to health issues, old folks who couldn't afford their rent in "their" neighborhood anymore, and a whole crowd of people in similar situations and things that have nothing to do with the cost of rent across the market.

And a lot of the properties were townhouse and condos which seem to be a big thing in the area of Miami I am looking at.

After I pre-screened, Only 5 of them have actually showed up for a showing, and a few filled out the online application that I had to kindly decline.I would think the price is right.

That means a separate bank account for each series property and a separate set of books. 

for example can we agree today on 450k and a sale date no later than 4 years from today at 450k 

It is surrounded by a cabinet shop on the left side, a couple commercial buildings in the back alley that are used primarily as storage for various businesses and a bar on the right side.

It is a great strategy and as the market has gotten stronger it has become tougher to do.  

I currently own a 4plex and a SFH, and since deals in my area are not what they used to be (i am very numbers driven and disciplined), I started looking at passive investments as a different avenue for RE exposure. 

I am picturing an onion and as you get further from the city center the "layers of onion" become less and less rent.