Regardless, that is faster than I had anticipated.

If I hadn't had an ugly neighboring house, the sale would have been much faster and purchase price higher.

You can grow and scale much faster by focusing on your niche and leveraging professionals to do the day to day.

The bad news was because of the poor appraisals and the lenders ask of the appraisers to structure the appraisal more heavily weighting the comp vs. income approach I had to write the largest check of my life just to refi out.

If you can't afford a long vacancy, you could lower it a bit below average market to attract a tenant faster. 

To answer your question about whether or not this metric can be used for residential properties: 1-4 units the answer is yes, but it carries less weight on the residential side than it does on the commercial side.

This makes two things happen - We're able to separate the assets from the operations, and if we ever needed to sell quickly, we can sell the LLC that holds a property, and its a faster disposition than having to sell the underlying asset.Roles: Even if you're partners (50/50 - anything else that isn't split evenly isn't a true partnership), there needs to be a boss.

The snowball will grow faster with each deal!

With inventory so low, I expect prices to start appreciating a little faster around not.

If you know what you are doing absolutely, if you need someone to hold your hand through the transaction and the various areas of the city then a real estate agent is worth their weight in gold.