Matt says to include:1. track record - bio/team members/skills/experience2. financial capacity - how much you are bankable for and how much equity you can bring to the table3. number of units/size of deals4. locations you're interested in 5. property condition (A/B/C/D?)

A, B, C or D areas...etc..

Steel is both usually unattractive, and may have your prospective tenants asking why they would need a steel door (esp if your property is in an A/B neighborhood.

I think I’d go crazy with partners going cheap in a B+ to A neighborhood. 

Hi all, I'm not 100% where to post this but I thought it would be fun.From MinnesotaI started investing in, 2012Current unit count, 38Gross rents up to end of 2019 $1,083,000 (A)Rent that I've been "burned" on $5330 (B)A/ (A+B)= .99599.5% collection rate. 3000 was from renting to a "buddy" (just don't) So it would be 99.9% without that stupid tax.Please share yours if you wish!

Hi @Charles Seaman I’m looking for decent areas, Class A,B maybe C depends on the demographic and I’ll be very active for a few years then look for a property manager.

Cap rates are going to vary highly dependent on:Asset class type (A, B, C, or D)LocationRecent updates vs deferred maintenanceThe expense ratio is also difficult to answer with a specific range as the property condition and local vacancy rates will better determine expected returns.  

It's a B class property.

She sends me a BS service animal registration.

Banks frequently require the property to be occupied during a short sale abs renting it out fulfills this requirement.