I couldn't sell (profitably), I couldn't rent (profitably) and I couldn't sustain holding the property and own or rent housing in Fla.

I've never purchased a property in this manner, though I have attended a tax sale auction.

Client and Resident experience is vastly improved and the properties we manage reap value benefits.The right people are in place to have reached our goals and sustain the business.

Next tip and advice, don't call me or my team because we only deal with rational adults and i don't have the time, patience or will to put up with those who act in such a manner as you did here.

The primary challenges we've had is getting the required documents in a timely manner from the condo board or finding out that there's a large assessment coming up that was not revealed when the contract was accepted.

We own a triplex and being it's only three units, we can obviously manage everything in a more personal manner.

Trust is hard to earn and easy to lose so manage those expectations wisely.Standardization of processes - doing everything in a manner (and documenting it) that it can be replicated by the next person in your organization once you feel the need to fire yourself.  

My model is that the business needs to sustain itself because I don’t want it to increase my personal risk. 

If no one else is building in an area that’s a sign of the numbers don’t work in some fashionIf a lot is going on - is it sustainable.

The more comfortable you are with understanding the cost of capital and how to deploy it in the most intelligent and cost effective manner the quicker you will be able to scale.