If you can buy below market value, then put in modest improvements (paint, flooring, fixtures, maybe some minor updates on kitchens or baths), you can often increase rents enough to improve cash flow meaningfully.

Thanks so much for taking the time to respond, Stephen - I really appreciate the advice and encouragement.

I haven't been here very long but am surprised by blind encouragement for new members to take on risky deals.

There is almost a predatory flavor to the quick responses and encouragement to undertake risky, complicated situations that are immediately posted when young, green investors introduce themselves. 

And thank you for the admission that inflation may be sticky, but meaningful reinflation worries should be behind us.

What regulations should go away that have meaningful savings?

To answer your question, yes, you definitely could — but I’d encourage you to look at it from a value perspective rather than just the price.

So, owners mistakenly think price is the only differentiator – and look for a PMC like they’d shop for groceries☹We encourage you to learn from the mistakes of others by reading posts here on BiggerPockets from owners that picked a PMC solely by price and regretted it.We recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Even if someone gives you a referral, do NOT make the mistake of assuming that just because a PMC met their expectations, they’ll meet your expectations.

This is a meaningful change as it indicates where the company is heading for the next few years.

A friend of mine encouraged me to look into Bigger Pockets so I’m diving in.