I'm interested in learning about rental property investment, looking to build a rental portfolio, exploring real estate investing to replace my income.

I'm learning about PadSplits and am interested in getting started with PadSplits in Kansas City, both MO and KS.

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.

Jay thanks for the tip, it helped in searching and learning about "lead generators" in the fine print in lending and what means.

Most hard money will be interest only payments on the full approved balance of the loan whether or not if you have pull the draw funds for repairs.If you have any other questions, post them in the same thread below so that we can all learn from the answers.

Paint, flooring, updated bathroomsLessons learned?

I have learned to color code (highlighter) and plan the month/year or week ahead. 

Learned that lesson the hard way.

What's important is to learn and move on.

How fast can you learn a new industry?