Hey @Kimberley Sewell, I have never used it but they definitely focus on the revenue instead of the home price.For example, on the main page, there is a place that showed up for me in PA for $397k.

I am going to talk to my PM about it to see if and how it was done, so if you would like to be included in the conversation or I can let you know, would love to have you there to see how it is done

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.

If you’re renting an apartment building to mostly Section 8 tenants, the main difference from single-family or smaller multifamily properties is scale—you’re dealing with more units, so you’ll need solid systems for maintenance and tenant management.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

 $9k/$72500=12.4% Rate of return (not including any closing costs which would reduce this return).  

That's the main objective.

I just bought my first rental property in Baltimore, MD, and I’m planning to rent it out by the room, including the basement.

@Charles Kao I believe he means attorney & Title Services that are familiar with non traditional or creative Transfers or Sales of property that don't include Banks.

The 38% cash on cash return is including the principal.