Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

Plus developing ground up is the extreme of REI.  

I ended up buying 17 buy n hold houses since Covid and glad I didn’t listen to the experts claiming the sky is falling and RE prices will crash.

This post was more for cases of extremely ridiculous reviews like 4 stars because "one of the bedroom doors was squeaky and the outdoor outlet wasn't close enough to charge our Tesla."

It can be an extremely powerful tool to start to scale. 

Insurance costs are going to be extremely relative to a list of variables that differ with every property, but if you know what to target and what to watch out for, these costs do not at all prevent positive cash flow on the right opportunities

The bill, introduced by Assemblyman Isaac Bryan (D-Los Angeles), would require local governments to update hazard mitigation plans to address extreme heat by January 1, 2028.CAA’s concerns center around the potential for costly retrofitting mandates, particularly for older buildings not equipped for modern HVAC systems.

This can provide additional liability coverage beyond what your regular property insurance offers.Steps to Consider:Speak with Legal and Financial Experts: Prior to making a choice, get advice from a tax and real estate lawyer.

ThanksHello Imani, my husband and I have been building big beautiful brick properties day in and day out in Detroit for the passed 5 years straight and I’m proud to say we are experts in all aspects of building and maintaining successful rental properties in Detroit City.  

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.