At current valuations and rates, after the high LTV refi to extract value the properties have huge negative cash flow in virtually every market.  

We want to push that number higher.Redfin  reports an NPS of +50 , reporting that it’s score is “...50% higher than competing brokerages.”Only 1.2% of customers have left a negative review. 

I'm fascinated by this RAL concept and wonder if any of you are serious about moving forward or maybe are in process? 

---------------------Let’s say I know of an industrial property with a few tenants that is negatively cash flowing due to a combination of mismanagement and below market rents.

Borrowing from the equity must be done wisely, or you will end up with negative cash flow and be at high risk due to over-leveraging.NOTE: I use interest rates much lower than they currently are in 2024!

Sure the concept is good (search engines), but you backed the wrong horse.

Data geeks like me get into this stuff, but often find it consumes time and has little or actually negative economic value if your manager is already doing it.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

However, I recently stumbled upon an intriguing concept called PadSplit that allows you to leverage the multifamily concept within a single-family property, ultimately maximizing income potential.