So if you are starting to mail, you better come out of the gate with a well thought out mail piece or it could become very discouraging for the new guy.It seems sometimes the best option is for the generic yellow letter because it is tried and tested and people will call but with a formal letter like a lot of people send out with probates, the responses will typically not be as many so any feedback from experienced guys is always helpful.That's the main reason this site is so powerful..the ability to stand on the shoulders of successful people so you can get off on the right foot.I started mailing as a real estate agent 10 years ago when I started out and I got sold some really bad ideas that cost me a lot of money with no return.

Whats yalls thoughts? 

I get that isn't a ton and maybe your tenants are making that or more, but in my experience, the lower the rents, the less elastic the tenant is to rent increases.All that being said, if those rents truly are market, I would give them a long notice, like 3-4 months, and be prepared for them all to move out.  

My strategy was to talk to as many investors that I could to learn how they thought about certain things.

It is very unique for our market, so I thought Airbnb guests would appreciate it more than college students.

Any thoughts on MFR investment around old Henderson? 

People that are selling are starting there first, and I see a lot of people off loading their furniture in preparation to sell or LTR.

Thoughts? 

What are your thoughts on the most effective way to scale a portfolio?

@Lorien Rollins Thoughts?