You'll mitigate the inherent risk of condos, consolidate your holdings, and see efficiencies of scale. $1.2MM will get you into a $4+MM MFR with little difficulty.

Therefore, we need to plan more efficiently—not just in Austin's urban core but in transit corridors and activity centers as well."

Theres lots of info and products out there addressing this topic.There are some things you can do in terms of efficiency of design in the building and the site planning to minimize maintenance and utility costs.

Efficiency might be garbage if it’s old but it should all be fixable.

My goal is to be efficient with their time and only try to have them do the highest dollar-per-hour tasks in terms of generating opportunities.My question for you is:If you were going to hire an hourly assistant to generate you more opportunities, what tasks would you have them focus on? 

They also appear to be on the smaller size - 1 bedroom or efficiencies. 

I love the efficiencies of multifamily and the economies of scale that comes with commercial property valuation compared to residential. 

A 2/1 is the bread and butter unit in the apartment world, and while we all love having extra bathrooms, etc, the 2/1 is a very efficient unit to own due to the low number of plumbing fixtures. 

From tracking expenses, to tenant management, applications, payments etcMainly looking for an expense/income tracker for each of my properties, but curious what else has helped you be more efficient and organized.Thanks!

Now, I just bought my first duplex and am wanting to structure how I collect rents so that it’s tax efficient, reliable, and time sensitive.