Partner Driven and Traci Stephens turned a solid profit without the need for major renovations.

The vast majority are wrong.

This property’s location in South End is a major win—walkability to shops, restaurants, and the light rail makes it very desirable.

It’s got a steady job market, especially with major companies like FedEx, Amazon, and international logistics hubs around here.

Now, the contractor is threatening to file a **lien** on the property, which could cause major delays and additional expenses.

You should be listed on all of the major websites, the minor websites, FB marketplace, and have a sign in the yard.

But when the two elevators went down and we realized we were barely able to make DSCR and weren’t cash flowing enough to cover long term major maintenance and cap ex, we had to pivot into Plan B.in regard to renovating in a partially occupied building, it’s a nightmare.  

: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.

So that's your first major hurdle.

Our area is booming with growth with being nestled amongst 3 major military bases.