Over time, I learned a lot about what works (and what doesn’t) for new investors.1.

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.

I learned this phrase about 50 years ago in my first year as an agent and its true today."

Really looking to hone in and learn how to do this better. 

I look forward to learning everything there is to gaining financial freedom and becoming an investor. 

My wife and I have one rental unit and are trying to move toward our next property, but still are trying to learn more and find additional ways to make some side income to speed the process.

Right now, I’m actively learning and planning to start my first projects this year.

I can't see what you would need a course to teach you that you can't learn by reading 30 Day Stay; listening to the BP podcast episodes with Sarah Weaver, Zeona McIntyre, and Jesse Vasquez; and hanging out in MTR forums/Facebook groups.

I'm particularly passionate about multifamily and syndication investing.Outside of real estate, I enjoy traveling, martial arts, and photography.Excited to learn and connect with you all! 

I don't want to bite off more than we can chew with managing a full reno while we learn the ropes.