I know that is tangential to your post, but there are pros and cons to just about all of these questions, and each sponsor will spin their answer to why it is better.I.e. track record: "we have an 7 yr track record, having sold 26 deals and averaging 28% net IRR to our LPs" vs "we have been in business 24 yrs averaging an 18% net IRR to our LPs, including 4 deals that lost money".  

Is it a fully rehabbed property with high quality tenants paying top dollar, or is it a run down apartment with below average rents that you collect rent on and put as little cash into it as you can.

Hey I did deep search in a lot of sub markets throughout different states.As I see, the average profit per average property is around $350 per month.Anyone else can confirm?

With a portfolio approach my returns varied from 10% in a bad year to over 20% in a good year but probably averaged out at about 15% not counting appreciation.Now Im moving out of those assets into more syndications and passive.

Denver is an attractive metro for a few reasons, so I downloaded monthly price and rent growth at the zip code level from Zillow’s public housing data.I then used a ranking algorithm to sort the top 10 zip codes for investing based on monthly average price growth and monthly average rent growth (both by percent growth), from 2019-2024.

I'm very impressed with Airbnb, I already received four bookings in Airbnb (although I may initially set the prices lower than average which attracted quick bookings). 

Average rent in my area for a 3/2 is $4,000 - $5,000 a month and with the attached 1/1 ADU could rent from $1,800 - $2,500 a month.

Does anyone know the average rate that residents pay per month in MI to stay at a residential ALF?

I would be as transparent as possible, including occupancy percentages, average daily rate, etc.

This way you stay ahead of the market average of 7% and have built in value.