Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.

And this is just a hair UNDER 17%.

Check your competition and make sure your are under them if reasonable to do so.

The quickest way to get a buyer immediately is to list well under market on MLS.

Now that the 3rd one is on the fritz they’re 8 weeks into waiting for service under the warranty.

Most multis that are worth an offer are under valued in rent.

So then you can add several properties under that same LLC if in the same state correct?    

If it’s very necessary for me to narrow down the terms, a deal could look like this…Last January I had this property under contract for 600,000 as is, I ended up backing out of the sale because selling is not really what I want to do.