Let’s say you buy a cheap property at $150k and sell it at $200k, how much are you making after the rehab, but closing, selling, and holding costs?  

While no strict statutory method exists for this preliminary notice, it is best served via hand delivery, certified mail, or posting on the door to ensure documentation." 

Being cheap, is not always cheapest in this world.

Duplexes, quadplexes, and small multifamily that are well-located and well-managed are still leasing quickly.A few things I’m seeing firsthand:• The newer, larger apartment deliveries are creating statistical vacancy, but that doesn’t mean tenants aren’t taking good units.

The goal: exceed 1.8 MPI  to establish pricing power,  increase prices until I stabilize at 1.3-1.8 (depending on risk tolerance and other factors like market competitiveness/saturation). 12) What I do when a listing is underperformingIf a listing is not performing, I assume one of two problems exists:Trust problem: reviews, experience delivery, operational issues.Value problem: the guest is not convinced at that price.If trust is fine, pricing becomes the fastest lever to fix value perception and conversion.Because again, Airbnb is watching conversion.The goal is not "cheap."

We still have to do some manual work for now.With you having a total of 30 units between your partnership and your personal portfolio, as long as your cash flow is decent, I'd say it's time to hire an REI-savvy Bookkeeping Professional.If you're good with how you're currently doing your bookkeeping, you can hire a cheap bookkeeper and train them to take over what you're currently doing. 

For anyone investing in the Charlotte area, the supply conversation isn’t theoretical anymore — it’s measurable.Over the past 18–24 months, the region has delivered a substantial amount of multifamily inventory, with thousands more units still under construction.Here’s a rough breakdown by submarket (rounded estimates based on recent delivery and pipeline data):South End / Uptown / Lower South End• ~6,000–8,000 units delivered since 2023• ~4,000+ still under constructionThis is where concessions are the most aggressive. 4–8 weeks free is common in Class A.University / North Charlotte• ~3,000–4,000 units delivered• ~2,000–3,000 underwayHeavy competition at the $1,300–$1,800 price point.Huntersville / North Mecklenburg• ~1,500–2,500 new multifamily units• Continued build-to-rent expansionWe’re also seeing entire townhome phases release at once, which directly impacts investor-owned SFR pricing.Kannapolis / Concord• ~1,000+ units delivered• Additional mid-density and mixed-use projects in pipelineValue-add investors are competing against brand new product more often than before.Fort Mill / Indian Land (SC side)• ~2,000–3,000 units delivered• Several thousand still in progressSC lease-up velocity has slowed compared to 2021–2022 peaks.Union County (Indian Trail / Wesley Chapel / Monroe pockets)• Growing build-to-rent presence• Multiple SFR communities delivering in clustersAnd this doesn’t include scattered new construction townhomes that hit the MLS in waves.What This Looks Like in Practice (Managing 500+ Doors)Rent growth has flattened.We are not seeing 8–12% annual bumps anymore.

I’ve found that going off-market and buying cheap is the best way to ensure cash flow.

Cheap upgrade, big perceived value.2.

I believe they're not cheap in a lot of cases either.My partner has spent a substantial amount of money on developing this database, but he does have information at his fingertips.It is still crazy what people will pay for tax liens at auction. 10 to 15 years ago I was getting houses left and right for 2k to 5k each.