I have never gone into an office for a challenging boss again.Seeing this picture now, years later, after reaching that milestone still incredibly motivates me to keep going and striving for even greater heights—not just for me, but for my entire team.

The strategy sounds incredible, and I’m excited to dive deeper into it.

@John Fong, you cannot exchange into improvements on property you own without an incredible amount of time, money and risk. 

I have a 800+ credit score and a one year lease in place that is 1.00 of the PITI.  

: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+, 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, 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.

I find this discourse about cashflow OR appreciation an incredibly narrow way to look at the market.

I've found the area to be incredibly over-saturated with rentals, really driving down nightly rates and occupancy.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

It's been an incredible way to get started and build momentum!

This couldn't be more of a true statement with the current clients I'm dealing with.. on one spectrum, I have clients that are incredibly respectful take my recommendations and listen and on the other I have people who are just plain rude and are a pain to work with.