@Chris WilsonThanksFor the shoutout - since selfPromotion not allowed on BP happy to chat offline to people if they reach out and feel free to ask people about us and our history / reputation on BP (we have nothing to hide)

Feel free to DM me or Gloria if you have any question!

Feel free to DM if you have any questions. 

If you have any questions feel free to send me a message and I'd be more than happy to help you get connected with some of these other essential people as well. 

That does not include any capital expenses. 

I am always fully transparent and the owner in that situation is a long standing business associate that knows my character, experiences and background, strengths and weaknesses included.

So feel free to reach out if there is something I can help you with related to your STR business.Alongside my work in revenue management, I have real estate investments in Canada, focusing primarily on long-term rentals.

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.

Feel free to reach out with any questions.

The important things to consider about HOA fees is that they usually include some utilities: Water/Sewer, Trash, sometimes shared amenities like gym, clubhouse, pool, and they are saving you the time and headache for property maintenance: lawn care, tree timing, roof, siding, etc.