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 @Ana Mills: The high quotes for the electricians will be way cheaper than having your handyman do it and it causing damage, causing a fire, or even worse causing a fire later when someone is living there and that person/persons getting hurt because of the work being done by an unlicensed worker doing the work. 

On the advice of the fireplace guy who did our last cleaning/inspection, we sanded down the brick inside and painted it with the high heat black paint, and it states in the lease that they may use a fireplace-style candelabra if they'd like, but any other use will trigger all the rules in the Fireplace Addendum.   

Gap funding or junior position funding is highly risky. your team has no real money in the deal..

It's not a great time to do a first flip with high labor costs, high materials costs, high property costs, and high rates.

Due to the extreme volatility of crypto and potentially high transaction costs, you need to be careful with harvesting crypto losses.Pick tax-efficient investments.

Clients have access to our Portal where they can transparently see documents requested, and where the file is in the ProcessBlue Gate Capital Lending Parameters:Credit: 620+ Experience: All Levels, 1st Times, Beginner Ok Loan Sizes: $50,000 - $50,000,0000Fix & Flip: 90% Max Purchase Leverage, 100% Rehab Fund, Max 75%ARLTV - Rates Starting at 9.98% New Construction: 85% Max LTC, up to 75% Refi on Approved PlansDSCR Loans: As Low as .80DSCR, Leverage as High as 80% DSCR Rates: Starting at 6.98****           *** Base Rate, before pricing Adjustments: Experience, Credit, DSCR, Requested Leverage, Property TypePurchase / Refi AirBnb - Vacation Rental Investment Property - YES !

Raleigh's current market isn’t known for many off-market deals in high-appreciating areas, as sellers here know they can still get top dollar by listing.

I don't know your specific market all that well but have you done some analysis on your ADR during the high season X your high season occupancy rate and determined whether taking lower priced slow season bookings vs letting your property stay vacant during the winter averages out in your favor?

I found that it is highly dependent on location and secondarily on time of year.