When projects run longer than expected or properties sit just a little longer, financing costs quietly add up and eat into profits fast.Those extra months of interest, taxes, insurance, and utilities don’t seem like much individually, but together they can make a solid flip feel tight.

We're in the early stages of adding a 16 unit apartment building to our portfolio & wondering if it is time to look into some type of software to allow online payments, tenants to request maintenance, access documents, etc.Any suggestions on software to look into?

For context, I do plan on adding onto my portfolio this year If you've got to ask if you need a property manager, you need a property manager.

We are in bay area as well and have been considering adding an ADU to our backyard for cashflow. 

I would probably use that extra money to get into smaller apartment buildings, like 2-8 units.

@Bob Dole Regarding your math - taking the price the property is today or its value, and then adding value to that over time and backing into a caprate is not generally how I'd go about it.The caprate and your return on this seemingly commercial asset is based soley on the incomes and the leases in place at the property. 

I don't want to extra stress of managing it with my current lifestyle.

Leasing becomes revenue-only againLeasing lines are reserved for prospects and renewals.Maintenance never competes for attention or urgency.Result: fewer missed calls, faster response times, higher conversion — without adding headcount.Bottom line:This isn’t a staffing problem or even a process problem — it’s human-in-the-loop overload.AI removes context switching by design.

We always think we will have a certain about of cash flow, but the you have to add extra taxes in MI, vacancy, repairs, etc.  

Since you use them, do you find the hard-wired valves are worth the extra cost/plumbing work?