Upgraded the backyard and re-styled and provided high end furnished to the home What was the outcome?

I had similar thoughts as to why they would want to take over payments on a brand new mortgage at a high rate.

Charge the tenant for all cleaning and repairs required to return the rental to these same condition as it was given, minus ordinary wear-and-tear.You can't charge full price for a replacement appliance, flooring, or even paint.

And you can be a landlord that gets a very poor return because they haven't utilized their space well by changing the layout.

@Connor ChatlosDenver and Chicago's high property values make multifamily properties ideal for house hacking.

Rents seem high and in demand as well.

I have a strong background in sales and business development, with years of experience driving revenue growth, building high-performing teams, and closing deals.

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.

My mom graduated from Elder High School and her family is from Cinci! 

I highly suggest working with an investor friendly agent so you don't buy in the wrong locations.I like the west side of Cleveland.