One thing I didn't see mentioned was what the value of the place is?

Is not a licensed appraisal specialists and therefore is not permitted to provide an opinion of value . ( keep wholesaler from telling seller their 500k prop is only worth 300k).4. the disclosure goes on and on about how to terminate it who to file complaints with etc etc. complaints go to the DRE.

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.

Now purchasing a home with cash is always good b/c obviously cash is king but also I think the part you might've missed is that, the money your utilizing on these home's won't actually be yours, but the banks or whatever institution you used to fix the home or make its value worth more.

Further, BPOs and appraisals show the properties have increased 50 to 60% in value during the last 3 years.

As a licensed contractor, I can provide insights to make sure you’re getting the best value and quality for your project.

If the value of the furnishings exceed the limit for felony charge vs petty theft you should definitely go up the chain of command.

Additionally, they have another property which has appreciated in value, carries low interest rates, but has negative cashflow and essentially feels like it just locks money away.

This is the real value of this particular asset.  

It had a value add.