Now we are in 2025 and although I still own the trucking company, it has been an inconsistent pit that has technically brought me personally no profit.

Construction is almost always tricky to understand the costs upfront because of the unknowns, also really dialing in your renovation plan before purchasing makes things simpler and quicker.

And that depends on how you view the costs. 

Why is your mortgage cost so low at only $44k/year?

For example, what is the cost of living now and projected in the future? 

Mod Building if done right cuts your carrying cost and your installation time making it more affordable. 

The renewal included a deductible increase from 10% to 15% of replacement cost.

If NO, instant pass. 

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.

., I was not overly impressed but decided to move forward despite the numbers due to the amount of rent/sqft in comparison to the cost/sqft.