I think if you want to pursue real estate and can do so in college without a lot of debt that you might learn some really good stuff.

83k profit Lessons learned?

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.

It’s such a great resource for learning and connecting with like-minded investors.

It's an amazing place to learn and grow in real estate.

If so, what did you learn, both the good and the bad?

As others have mentioned, starting with a turnkey property could be a great way to learn the ropes of real estate investing before branching out into other strategies.Best of luck!

But I know there’s so much to learn from the collective wisdom of this community.Let’s share some insights:What’s been your most successful recent deal, and why?

Lessons learned?

She interprets this language to mean that only those specific types of damage must be disclosed, and nothing else.Their position is essentially that, since the repairs were completed, they have no obligation to disclose further details.