It is very easy to look to your property management company for blame and if this is the way that you feel I do apologize and assure you that we do everything in our power to place good quality tenants that will stay and pay - but there is no way to guarantee that … nobody can.

SFH present different pros and cons but one interesting idea I heard on BiggerPockets Podcast 185: How “Rent-to-Own” Can Increase Cash Flow and Maximize Equity with Bill Powers is "rent-to-own"

I believe this technique is called "referring to a higher power."  :-)

I am happy to get market tenant calls as well, however, there is a bad credit problem and area demographics at play. 

Something fun to consider, if any of your friends would be interested start a ‘Young Entrepreneurs Group’ one night a week - get together and listen to podcasts, get mentorship together, play monopoly with an adult who can give real world examples while using monopoly’s game.

This new home has a play set with a slide.

Hi Everyone, so I purchased my first Multi-Family 20 Unit Apartment complex a little over a year ago as a reposition play on management.

The access to the car wash, what type model it is, the traffic counts, how many other car washes in the area, sightlines to the property ( on a hill,down in a hole,level), any cross anchor larger feeder traffic to site, parcel size layout and shape, etc. all play a vital role in the long time success of the dirt value along with other demographic metrics of course.There are not newly minted national credit leases at 9 caps with retail.

Most new investors want to be conservative on their first investment property, preferring to play it safe with a property that is in an area that is selling well.

Most new investors want to be conservative on their first investment property, preferring to play it safe with a property that is in an area that is selling well.