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.

I have owned 3 brokerages over the years and I am a firm believer because its fact 20% of agents bring in 80% of revenue.. you need to figure out how to be a 20% er. 4.

Hello, I am looking at two currently Section 8 occupied rentals in the Eye Neighborhood in Detroit and Morningside.

Anyone can share with me research about all neighborhoods on Columbus ?

How much time have you personally spent in these neighborhoods?

The design & architecture firm I work for is HQed in Sarasota.

In order to harness as much of the effects that add to your net worth you want to buy as many assets as you can, and as much quality as you can afford.It is very tempting to go into cheap neighborhoods, but especially with the old housing stock we have in the Midwest capex will exceed cash flow over time and you are not building equity.Consider your first deal a proof of concept.

A few years ago we finally decided to research the neighborhoods history.

At our last turnover, we had neighborhood kids breaking in several times while vacant, damaging the house until we installed a security system and camera high enough that they’d need a ladder to get to it.

Find the 3 attorneys/firms mentioned the most and contact them all to see which one you connect the best with - hire them!