I want my and my investors' capital to GROW through value-adds and through appreciation (since I buy in growing areas)...and while waiting to sell, me and my investors want to get paid a healthy cashflow.

I make a plan for my week: Monday - go to HD after work and get supplies for project ATuesday - go to Property 1 after work and do project A; if raining, go to Property 2 and do project Betc...Here's a sample of my list: PRIORITY TASK UNIT TOOLS NEEDED CONCERN FALL 2019 install spark igniter 1R 1R 1.5 recoat flat part of roof EX 1.7 insulate/brick over AUX BS windows AUX BS with Eli 2 parge W wall of basement BS with Eli 2.5 brick over front 2 basement windows BS with Eli 3 remove plants on side of garage wall GAR weathering 3 replace 2R pavers EX 3 repair bottom basement door hinge BS security 3 repair water main street valve EX $$$$ water damage 3.5 clean out chimney BS maintenance 4 1" PEX for basement water supply BS maintenance 4 properly cover sewer in auxiliary basement AUX health I haven't completely filled out all the columns, but you get the idea.Just know if you weather this storm, the seas will calm and give you time to improve your situation and prepare for the next wave. 

As long as it gets me a healthy cashflow every month I don't care about too much else.

This all started  (I thought ended <g>)  because a tenant complained to the board of health  (I think they were the first ones involved)  that their refrigerator did not work.  

We currently self manage a healthy portfolio locally so we have many of the systems in place. 

We are one of the fastest growing rental markets in the nation right now with very strong cash flow, a very healthy economy and very low property taxes.

We see a decent trickle of off-market units still and the MLS is pretty healthy overall, but many of the sellers of 90, 120, 150+ day-old listings are still holding out, rejecting reasonable offers, thinking they can get someone to pay their absurd number given to them by a residential agent that agreed to list it for 5% and overshot the value by 20%+.Welcome to 2020

Get to know the area and find the sweet spot where rents are the highest per dollar spent on the property and gives you a healthy cash flow. 15% or higher. 

Populations and economies big enough to support a healthy rei climate, but small enough so that values are not artificially driven up too fast.

Outside of 2020, there has been a healthy amount of new development including larger quality MFR as well as smaller MFR’s being converted into quality housing which maybe played a factor in this too.