Hi @Jimmy Lieu, how is the Columbus, OH market now in terms of appreciation and positive cash flow?

An LLC has no effect negatively or positively on how a full doc lender will calculate your income.

Strictly from a private money lens: If you're open to a 2nd position private money loan against your STR's, it's possible.

I'm in this strange position of being out of state and unfortunatley not having the time to visit or gain personal expertise.

I'd want to know more information to make a good recommendation, but it sounds like you would have a strong argument if everything else is the same except for location.MP tasksTenant Management:Showing properties, screening applicants, and preparing leasesWelcoming tenants and addressing inquiriesCollecting rent and managing evictionsProperty Maintenance:Cleaning, repairs, and inspectionsAdministrative & Marketing:Supervising staff, purchasing supplies, and promoting rentals (ads and website)

Things will work out better this time bc I'm a different person, differently positioned.

: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.

People notice hustle, and if you show up with a positive attitude and a willingness to learn, you'll earn respect.As for finding a mentor, look for people who are where you want to be, and ask them thoughtful questions.

Household furniture must be positioned and/or elevated to allow adequate air flow underneath and between furnishings and adjacent walls.

All their clients tried to blame us for not being able to:1) Do the rehabs on the budget advertised2) Get the rents they were promisedCheck out our website and DM us if you'd like more info or discuss the proper way to invest in Detroit:)