We were able to make minor improvements, increase efficiencies, and raise the rents to achieve our proforma numbers.

However, I will say that I use to get reimbursed at my old W-2 job as an architect and because I had a fairly efficient car that was cheap to maintain, I definitely came out ahead in fuel and maintenance.

Hi @Brian Alfaro, you are walking on a well trodden path by having started with SFH's and realizing that they don't easily scale without building and monitoring systems and they are also less efficient than multifamily.I followed the same path and having read a ton of books, decided to pay for a coaching program.

If we have a team of agents or are an agent working on a team, we must spend time creating synergy and efficiency within the team.

Use a cell phone to communicate.

Lack of communication, lack of follow through on maintenance items, charged for things that are not our responsibility, I could go on...At the moment, we have only one property, but we've got money for one, possibly two more, but I have zero comfort level in Memphis PM.Thanks.

Networking to find contractors in the Cincinnati, OH area who provide detailed line itemed costs and communicate well via email.

'Waiting' for a market drop, too much of a seller's market, some other life event..... there will always be something.While I can't speak to the Raleigh-Durham market specifically, I'm actually in the process of closing on a deal in Chapel Hill right now - a townhouse with a downstairs efficiency just off downtown Carrboro, so I'll be treating it like a duplex.

I think communication is the best key indicator though.

I am going to try and be as proactive as i can before making the purchase and work as quickly and efficiently as i can for things that come up to keep tenants happy and keep costs down.