Thankfully, no major repairs were needed after Milton.

Then I've seen more experienced investors on BP explain things using finance terminology and I'm not a finance major or work in any part of finance, trading etc - maybe I'm just dumb and am sharing two brain cells with my cat LOL I am guilty of using LTR (Long Term Rentals), MTR (Mid Term Rentals) and STR (Short Term Rentals).

By the time you want to rest on your laurels, it would be good to have your loans not only paid off, but are also ahead of your future capex, meaning all major things already upgraded.

I househacked 4 times and the 2 I still own here in Austin pay the majority of our mortgage on our primary residences we bought this year.

: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.

Hey BP family,I’m excited to share a major win with you all!

Prior to the Section 8 tenant, the home was in "For Sale" condition, due to major work done due to flooding.

It is seemingly still relatively affordable to buy an asset close to a major university at $100k per unit. 

Real estate typically appreciates over time, meaning your property could increase in value even if you don’t make any major improvements.

In major good jobs cities, sellers are willing to wait and re-list.