What about maintenance if a device breaks?

As a licensed contractor, I’ve seen how navigating these details can make or break a project.

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.

. ($300k has to be earned to net $250k.) so you’re looking 5 years of zero vacancy and zero capex to break even.

Let's wrap up our QI selection series with the human element - because relationships and reputation can make or break your exchange!

.- BTW: the $1300 includes all utilities being paid by the landlord.

Why ask: Be clear on what you get with the program including any tools that the company may use themselves.9.

In your experience, do you find that it's possible to cashflow or at least break even with these properties and today's prices/rates?

Pay them an agreed upon amount and they break the lease and move out.

38116 and 38118 are the areas Im referring to and I have a Podcast where I break down the stats and all details of those areas.