Lots of staff turnover, I go over something on one property and 2 months later have to revisit the same issue on an exact property sometimes because different people have been assigned, sometimes because the person is brand new. 

If you’re newer, start with a “hybrid BRRRR” approach on a lightly distressed rental in a stable block to prove your team, then level up to Land Bank projects once your process is tight.

I want to run a hypothetical by you (and anyone else who wants to chime in):  Let’s say I buy the duplex, live in the vacant unit, and do a light upgrade on the tenant-occupied side (replace the upstairs carpet with LVP and swap the stove/fridge for stainless).

I assumed Yardi was too big for us and meant more for the "boots on the ground" doing the day to day property management, vs light property management (for the properties we self manage) and asset management for the whole portfolio.

In your price range, you can usually find light value add opportunities that still make sense for cash flow.

Keep your buy box tight – focus on light-to-medium rehabs in proven, landlord-friendly markets.Vet your core four early – agent, PM, lender, contractor; test them on small jobs before scaling.Underwrite with conservative numbers – realistic rents, padded expenses, and a contingency fund.Verify everything – contractor bids with photos and line-item scopes; PM approval on rent before closing.Stress-test your exit – ensure refi works at today’s rates and you’re not overlevered.Run your “noise-to-numbers” scan – analyze 20 leads, pick 2 that pencil, and test your team on one light rehab before tackling heavy lifts.

Only green‑light if projected post‑reno rent comfortably covers taxes, insurance, PM, vacancy, CapEx, and debt.

Light value-add with predictable turns beats “hero rehabs” over long hold cycles.• Renovation speed and cost control consistently outperform squeezing every last dollar.• Strong deal funnels.

My brother and I recently partnered to launch our first LLC together, with a focus on real estate investing. We're excited to get started and plan to flip one or two properties initially to build momentum and generate...

Many investors are shifting their strategy a bit — either targeting smaller multifamily properties, secondary markets just outside the big metro areas, or projects that need light rehab to force some equity and improve rents.It can also help to work directly with agents who specialize in investment properties, not just retail listings, or to tap into off-market options like wholesalers and local REI groups.