Also have less short higher level overview video: VIDEO: STEP-BY-STEP GUIDE TO FLORIDA EVICTIONSJoin the conversation here to share experiences, ask questions, and explore best practices for managing Florida evictions effectively.

Until then, I'll be trying to absorb everything I can to fine tune my approach and prepare for managing REI business post-acquisition.

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.

The school is very good, but middle is not so much.I have some cash to invest, but can't decide what route to take.

It’s the easiest way to get a feel for being a landlord without the stress of managing rehab projects.

3) how did you decide on the specific city you chose to invest in?

He bought a home for himself in Lodi California but work in the Bay Area long story short he can’t deal with the commute anymore and decide to stay with a buddy close to work.

Out of the 300 properties I manage, we only had 1 eviction last year.

My wheelehouse is long term management of investment properties, but I do have a good relationship with a loca Chattanooga broker who helps investors in the area.

DSCR/hard money are non owner occupy loans.If you decide to do FHA203K for the first home - a 203K consultant/inspector will be required for the standard 203k loan, you will unlikely be able to serve as GC and you sign a 1 year occupany affidavit.