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.

@Chad Hale Because my accountant has access to QBO, and my bookeeper breaks down all the PM monthly reports into QBO each month, there is no need for me to send monthly/annual reports to my accountant.

They have no way to force removal, other than to pay off the loan on a home they no longer own. 

The reality is that you will not find that in the seller finance space, and even if you do, there will be virtually no discount. 

There is no reason to own property, no reason to ever cook for yourself, no reason to own a car, and no reason to ever be bored.

No more getting your phone blown up with questions!

For example, my average terms are 90%-100% LTV and 10% interest flat no points or pre-payment penalty.

No I've never used a 203.  

Worst thing that can happen is they say no and you can't sell their home which is where you already started.

No matter the number of units, there is one roof, one property tax bill, one sewer line, one gardener bill, etc. 3.