that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

I am aware of companies like Pad Split, but would prefer to have a more traditional company overseeing the day to day since I am out of state the majority of the year.

Paying off the notes, working to pre-emptively make repairs to capex items before they fail or become a major issue think roof, HVAC, and foundation.

Trying to save $$ so I can prepare emergency funds in case of any major repairs etc .

A lot of major companies are choosing to build and develop here (Intel, Meta, Amazon, Google, etc.) so the population and job market are also growing.

I work in the medical field and know that Jax has several major hospital systems along with a growing economy.

If you are open to value add strategy, small multis have potential for not only traditional forced appreciation but also the ability to see major rent increases.