What's the lowest credit score you will allow?

Whether it’s sharing ideas, insights, or exploring opportunities, I’m all about building relationships with like-minded investors.Looking forward to contributing and learning from this incredible community.Best,James That’s impressive what you’re doing.

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 credit scores are solid.)Thank you in advance for any feedback.

The OKC market is truly exceptional, and Tennessee offers incredible opportunities as well, so you’re starting from a fantastic position.Wishing you the best of luck on this exciting new venture! 

We have no debt and good credit scores, do we have any options for making this work?

I just read a new ranking of market ratings and I was not a fan seeing MN ranked 99.9 out of 100 potential score.

They will be an incredible resource for your first house hack and beyond in Phoenix and Maricopa County, AZ.

But if you put in the effort, Detroit can be incredibly rewarding.Over the last several years, the city has been on a steady upswing: population growth, major corporate investments, and increasing demand for housing are all positive indicators.

We’ve been trying to onboard with AppFolio for the past two months, but the process has been incredibly frustrating.