But I highly recommend reading "Who Not How".

Those leases are never renewed due to the high usage cost. $800 electric bill for 800 sqft place is not uncommon.

This strategy can be particularly effective for investors like yourself looking to manage and expand their holdings efficiently.

Earthquake fault zones, flood plains, and high fire hazard areas are off-limits.

That real-world experience, built on trust and actual deals, was infinitely more valuable than any high-ticket coaching package.

Not to mention sky-high drama factor.

Taxes are high in TX with real estate, so put more money down to create some cash flow.

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.

Some hard money lenders lend at pretty high LTVs, leaving little equity buffer to protect your principal.

Is refinancing not an option in your mind because of the high pre-payment penalty?