cash flow comes as a function of your whole portfolio - rent increases, refinancing, tax savings. 

@Kitty Walker- As an investor, I've refinanced multiple Padsplits and co-living properties (where we go direct to tenant without Padsplit), and I generally agree with your last statement, with some caveats:- if the renovation is done well, the appraiser may not even say anything that would indicate it is an "abnormal" SFR (has happened multiple times with me)-the investor may be wise not to make the house crazy- just leave a nice open living room, put double doors on the dining room so it can function as a bedroom now but be easy to convert later, etc.  

Obviously your goal is to widen the spread, so focus on what you can control  Expenses are also a function of market, as some of my properties have taxes at 65% of total expenses, while others are 15%.

I use Lovable.devHonestly, it's scary what AI can do.Sign up for a Lovable free trial, and give it a command:"Create a property management Lease Tracker Application"Once it creates it, you can add features:"Add functionality to manage Maintenance requests"Or, something like "Create a Guest payment App for someone to pay rent online"You can have it create listing pages, portfolio or property-specific websites.Or, use ChatGPT by saying "Create a Louisiana Lease for the tenant ... with these terms..."

It’s functional.And functional is what builds wealth.For investors who prioritize cash flow, stability, and scalability, Memphis isn’t underrated, it’s misunderstood.Are you investing for appreciation, or are you investing to get paid every month?

As reward, I will provide a clean, safe, functional home and be responsive to routine service requests.

They are functional while frustrating. 

It’s a function of redirecting existing excess cash flow and being intentional with deployment for a defined period of time.

Short term stock market gains is just that that; they're a function of the market not a trader per se.2. $800k consisting of what?

Congratulations - you’ve already taken the MOST important step - capital accumulation.You’ve got lots of good answers in the BP posts here IF you’re the type of person that functions best when laying out the road map beforehand.