It's attractive to some investors and some not, just depends on your model.

Hi everyone,I sat down yesterday to do my rental accounting for May, and I can't help but think the business model I've been following is scaleable, so I'm looking for guidance on taking my business to the next level (or not?).

The answer to your literal question is yes, there are plenty of stupid investors out there; the answer to your implied question is no, your business model is not a sound one.

For example, with the new billing model, total annual charges in fiscal year 2017 for a typical account with a 5/8-inch meter using 21 ccf of water per quarter would go from $892.48 to $922.56.

Typical performance is rather a good bit less, as it is in any kind of sales organization.The reason we have no competition is because those who would otherwise be in competition with us are reluctant to change a business model they find quite lucrative, even though it earns them a less than desirable reputation.

A friend of mine recommended that I reach out to you all for your knowledge and expertise.

I know several student housing investors, though most are out of the market now, but they assume the worst and mitigate by signing the parents to the leases, charging large deposits, and working the turn losses into their models.

In my market, 6-50 units is too small for professional multifamily management and not the right business model for professional SFR managers.  

My expertise is as a CRE construction manager/owner's rep finding vacant parcels of land or buildings and developing on it (only upto 8 stories) MOB's, commercial and/or multi-family buildings (new and/or rehab existing).

I won't be living in any of my next buy and holds so I was looking for a new model.