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.

Quote from @Michael Baum: Hey @Bret Ceren, I did a survey last year (I think) where I spoke with 10 lenders.

With $150K, I could easily put together a portfolio of 6 rent properties from deals I see every week, including last week.Just get started.

While Airdna estimated annual revenue at around $45K, I earned $90K last year.Follow these three steps to build a solid foundation before calculating your mortgage and expenses.

I've made about $140k the last two years between my full-time job and some personal injury cases I've settled.

Great Post, as a former self manager I'd love to connect with you on the approaches for both. 

To connect with investors you will have to move beyond just digital - you will have to connect as much as possible on the phone and face-to-face.

Would be happy to connect you as well as connect an discuss other options you may have for this investment!

I’m looking to make connections and to find deals in 2025!  

Also slower than last month in central coastal Florida, like @Anand S., but this is a slower season, with kids back in school and hurricane season still “on.”