The value of proximity shows up in operational efficiency and management control, not necessarily in appraised value.

What guest communication platform do you utilize?

Marketing, showing homes, tenant communication, maintenance coordination, accounting, compliance, and renewals.Many investors start self-managing, but once they reach 3–5 properties, they usually hire management because the time commitment becomes overwhelming. 

The other item that can be challenging is who is communicating with the seller.

Noticing how they communicate during the application processA tenant who pays on time and is reasonable with maintenance requests is usually the best long-term tenant.Curious how other landlords screen for this.

I was very impressed with the communication and the easy process.

They can evaluate the home’s layout, electrical capacity and insulation to recommend the most practical system for that market.Since there is no ductwork, many investors consider ductless mini-split heat pumps because they are energy-efficient and easier to install than adding full ductwork.

The lack of transparency, organization and internal communication is appalling!

• collecting rent from tenants• chasing late payments• maintenance requests and repairs• tenant communication• bookkeeping / tracking payments• something else?

I am also working on setting up my vendor/referal list, buyers list, and getting an efficient process down for finding distressed properties.