Your strategy today is to do everything you can to reduce expenses and maximize rents until you get to break even again.

We could double the monthly income with our STR and MTR strategies and focus our efforts into one building.

He had never heard of this strategy and it took a few rounds of explaining, before he totally understood.

Some alternative strategies include requiring renters insurance with pet coverage, conducting thorough inspections before and after tenancy, and establishing clear guidelines for pet behavior and care in the rental agreement.

I've had my head in books, scoured the web for every new term, researched the nitty gritty of any claimed new strategies I'd never heard of, been ripped off on a couple force fed guru "best way" webinar sales, backed out of a deal where they tried to stack the cards against me in a very sneaky way, passively attended a few meetups, talked to numerous lenders and even enrolled to get my Florida agent license. 

To answer what is best, we must consider your strategy for growth and scale. 

It might already be a win for you.

Last year I took a step back from entrepreneurship and joined a tech startup in the blockchain space.While I am still doing as much research as possible to develop my strategy, my current interest is in purchasing properties to buy and hold.I am also exploring different markets, and so far, what's caught my eye has been Savannah, Georgia, Columbus, Ohio and Chattanooga, Tennessee.I'm looking forward to learning connecting with as many people as possible.In the meantime, send me some tips I won't find in the "Investing in Real Estate 101" books!

One strategy is for you to live in the basement, and rent out the main part of the house to basically pay for your mortgage. 

Embrace creative acquisition strategies like subject-to, lease options, and seller financing.