Screen your tenants!

If a tenant’s solid and they’ve already gone through screening, I’ll usually give them 48 hours max to sign and pay the deposit before I start showing again.Here’s why: people get busy, they second-guess, and sometimes they’re waiting on paycheck timing or spouse input.

I used to know someone who owned a couple care facilities in that area, but they were not the size of a house.Then, would it require remodeling to the point of needing structural changes that would no longer make it a home but rather more like a business structure?

Usually odd shapes and sizes.  

Every new investor does their analysis on paper and then wonders why those numbers aren't being met:(First off, don't blame the first PMC you fired - you hired them and didn't screen them well enough!

It’s clear that the rental market is shifting fast, especially in TX and FL where elevated inventory is giving renters more leverage.As investors and property managers, adapting strategy is everything: realistic pricing, solid tenant screening, and proactive marketing make all the difference right now.I’ve been helping clients navigate these exact challenges — turning data into smarter leasing decisions and stronger returns.Let’s connect if you want to position your portfolio for stability and long-term cash flow despite market changes.

Just screen tenants hard and keep reserves for maintenance.

@Jeanette Land In that case, I might reach out to a local business broker that helps people buy/sell these type and size of companies.

The biggest draw for larger brokers is the ability to hide comp behind the margin curtain on the rate sheet and change it by loan size, etc.

Hey @Jeanette Land, I have a link in the bio of my BP profile to a calculator where you can size up your exit refinance and see exactly what potential monthly cash flow options would look like.