That is INTENSLY risky, failure % is wildly HIGH.

When is the last time you did a walk-thru (highly recommend taking a video!)?

@Calvin Thomas would you do $100 cashflow if it was a high appreciation low vacancy market?

From what I read in Bloomberg, delays in high-demand areas have gone up significantly in the past year.

High LTV purchased at retail (off mls) has large initial negative cash flow- regulations are tenant friendly.  

The accuracy is surprisingly high and a bit saddening.

Operated as an executive high-end rental for 2 years and cash flowed nicely while rented.

Were revenues as high as you expected them to be?

High rental demand for room rentals in Hyattsville and College Park.

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.