One of the key things that needs to be fixed is spending less time worrying about taxation and more time worrying about providing value so that we can be competitive on a global scale.

If I scaled my REI rehab business, I would hire a GC.I do have another job (business), but it allows me a very flexible schedule.

With each property your lag time goes down and so forth, till you have the HELOC paid off and you are building capital from the Cash collected each month to buy more deals.Of course you can scale this, borrow more money at the start to get more deals working for you, but you get the idea.

I would think you should base it on what you feel comfortable with - if it's too much just step back scale it down and and then keep doing it until you find you can do more.

No matter what the activity is the overall market rates impact decisions in the real world....even if they are on a small scale.

How to scale it across regions is challenging.

Originally posted by Joel Owens: In these 1 bedroom situations we look at "highest and best use".Even though it was built as one bedroom the highest and best use might be to tear down a wall between the units and convert a majority of the 1 beds to 2 bedroomsThe problem with that is unless you have the cash to pay for a remodel on that scale and can take the huge vacancy hit(which in turn takes a hit on your cash flow)because you'll have to keep the units vacant for the remodel it's not feasible to warrant that.

Or maybe you try an escalating scale... the rent goes up the longer he stays.

I sort of do this on a small scale and what I did was I moved to the area I wanted to look into.

Below that, you're asking for a lot of trouble and investing in upper-scale homes that appeal to professionals and affluent people that, for one reason or another, don't want to own their own home takes a lot of up front capital without a high return.