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.

And this is why you fix your DTI issue, so you can do things properly and not get "creative" and learn the hard way.  

@Diandre PiercePaying down mortgages is the opposite of scaling.

Talk to a mortgage broker or lender experienced with LLC-owned properties before transferring ownership.

It also will help you a lot to learn how to properly calculate ARV as your buyers will want to work with those wholesalers more than one who is just throwing properties at them.

You're going to end up paying a lot more interest on a heloc than a 2nd mortgage, if you intend on holding that debt for more than a couple years. 

With most mortgages you can move after one year without any problems.

This year is slower than normal because mortgage rates and home prices are so high.

Without taking a proper tour of the cabin and only driving by and seeing pictures of the inside.

I was hasty due to the higher mortgage rates, and it turned out to be a huge mistake.