It wiped out lower positions such as mortgage or mechanics liens.

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.

Hey,Is anyone out there still investing in commercial real estate? 

Mitch Stephen out of San Antonio has had 4 called due in the last couple of months.

I assumed this would be the case because the rest of what California has to offer kind of sucks.

Especially if you are looking out of state. 

Based off the general home inspection report you'll be able to see if you need to get an electrician etc out there. 

Frame out the wall and use plywood for the siding. 

Fellow attorneys rate him 1.5 or 2.5 out of 5.  

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.