The lender I was communicating with was Jim Alworth, US Bank Loan Analyst.

To do that quickly, you need an advantage to acquire desirable assets ... or you need an operational gift to efficiently increase their value.Easier to do both when your assets are physically close to you.

The exciting part of finding a deal like this (to me at least) is diving into the sellers #s to discover where you can run it more efficient and more profitable.

Run by a brother and sister who live 4 hours away so they aren’t the most efficient management even with the on site manager/handyman.

He tried to resolve it, but the communication continued to be poor, so I terminated the contract.  

If the tenants are paying utilities is very important to make them as efficient as possible.

Having said that, I firmly believe there are way more efficient means to the end you desire. 

No offense, Bernard, and if you think I am incorrect, please give me an example of your most fee-efficient customer who has the lowest total fees as a percentage of assets invested.  

Basement unit 1,064 sq ft, updated in 2016.Unit 2: Efficiency, rented at $575.

You can't build efficiency and high track ability of success when each client is trying to do things THEIR WAY.