The jump from $17 or VIP $57 to that amount is major.

: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.

https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/Hit me up if you'd like to know more.

Hi @Daniel KulikAccounting is a major piece.

Majority of deals I've done from wholesalers/realtors are deals I offered $30k to $40k under what they wanted. 

I understand there is an AGI limit that applies, restricting my ability to write off certain expenses if my AGI exceeds a certain amount.Regardless of what can/can't be written off for my particular situation, I assume the majority of the tax savings I am able to write off would come back to me directly in my tax rebate, correct?

Over the past three years, I’ve been using most of the major off-market techniques.One standout method has always been pulling data and feeding it into a call center to generate off-market leads.

One bad tenant or major maintenance expense can cost you $5,000 - $10,000.Your only hope is to hold the property long enough that rents increase or the home appreciates, but even that could take 10 years to balance out the losses you incur in the meantime.

Are you wanting a review on a marketing deck for major call outs at a high level?  

The second question is, as my family is looking to occupy the property for the majority of the year, we are wondering if we need to register or seek a permit if we rent it out less than the 90 days of each year?