I'm still relatively new to this, and I’m looking to learn from those with more experience.

Lessons learned?

I'm hoping to learn from your mistakes as well as share mine.

But I know there’s so much to learn from the collective wisdom of this community.Let’s share some insights:What’s been your most successful recent deal, and why?

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.

It was one of my first claims and I learned how their claim system works and never failed again. 

The only downside is that it does have a little bit of a learning curve and they have a certain number of units you must have.

Thanks for being open on the lessons learned. 

My parents had a 3 family growing up and I used to hate going there on weekends but I learned a lot and it obviously stuck with me.

This is a great place to learn and further investigate investing in real estate.