Quote from @Bruce D.

Hi Sean!

It's mostly Class A properties, a few Class B.You may find the below copy & paste info useful in addressing your question:----------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Quote from @Matt Gravil: Monthly rent totals $20,038@Matt Gravil So, at an average rent of ~ $800/property, I'm assuming these are in C/D neighborhoods?

We don't recommend "newbies" start out with Class D properties.

@Michael D.

Hi all.

You've left that part out.This is what dealing with Class C & D tenants is like!

@Bruce D.

Consult a real estate attorney to draft a comprehensive agreement that includes clear terms for profit-sharing, buyout provisions, and dispute resolution, ensuring the partnership is mutually beneficial while minimizing risks.This post does not create a CPA-Client relationship.