Regularly evaluate your properties' performance and consider diversifying your portfolio, having adequate insurance coverage, and conducting thorough due diligence before acquiring new properties.

Depending on the situation that can start at $10K but likely $40K and up. Keep

@Jeffrey RichardIn many of these areas while it appears on paper these assets will provide cash flow there is the possibility they do not due to the type of tenants are typically lower quality and have payment issues, properties need more maintenance and upkeep etc

Junky low-flow heads come in two types: the kind that are essentially a regular shower head with a restrictor somewhere in them, and the kind that spray out a high-velocity mist.

You also have to setup a routine that drives toward your goals on a regular basis.

Question, if I have a Special warranty deed, can I or do I want to convert to regular deed?

To start, I'd do a Discounted cash flow analysis and cap it like a regular income producing rental....do you know the rent the tenants were paying in the two sales you showed?

I used to go to it regularly when I lived in Troy from 2017-2022.I have 12-doors in Detroit, 3 of which have S8 tenants.

I prefer to avoid kludgy systems that weren't designed for regular, high-dollar transactions like rent payments (Venmo, Paypal, Zelle, etc.).

I attended seminars, joined meetup groups, and regularly invited local professionals for coffee to learn from their experiences.