Another reason people are selling are guests and platforms (Airbnb) are becoming more demanding by expecting more from owners including refunds over the simplest things.

Include an exit strategy, tax planning, and insurance to protect both parties.

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.

This chart does not include the latest increase in rates, but in a couple weeks we should have an update.I saw several places that showed increased rates:https://www.verticalbuilders.com/blog/what-to-expect-in-q4-2... 

Typical utility bills (which we include) are $100-300/month.  

If its not included in the contract its excluded .Change orders are paid up front , and add time to a job .

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Cassidy Burns and BPG Residential Just curious. did you include your cost of sales, realtor fees, escrow, capital gains in your profit projection? 

It is VERY important for all of us including BP to constantly raise the bar in our industry and stand guard at the door of our wallets so we all can literally have bigger pockets!

Lease has double sided tape specifically cited that includes a charge for each instance.