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.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Tennessee holding steady at #5And of course California came in dead last.

Those chasing the last 5yrs experience are going to be rather sad at what the next 5yrs hold for them I think.

Hi everyone,Last week, I was pulling rent comps to prepare renewal offers using my typical process: starting on Ręntometēr or Rēntcast for a rough idea of recently removed comps, then manually researching on platforms like Zillow, Apartments.com, and Facebook Marketplace.

I am trying to purchase a mobile home park that is already in a system of Mobile home parks that profit 87 percent for the last 15 years.

we just poured 5 foundations in Columbus Ohio in the last month the total packages with sidewalks is less than $30,000 and that's cheap.

For context, I'm from Edmonton, and have been in investing in Alberta for last 11 years, and in Texas the last 1.5 years.

Are you persistent enough, dedicated enough and sometimes just stubborn enough to be the first one in and last one out of the 'gym'?

@Keith DowdyI see your name pop up in every Beech Mountain post for the last couple years.