This client was transferred to me by another PM in our company because her portfolio is maxed out and she doesn't have capacity to take on more properties.This client had been self-managing a short-term SFR for the past several years and recently converted it to LTR.

This used to be a near-impossible task for a company like BiggerPockets, but technology and 3rd party solutions are getting better.

We got three estimates from masonry repair companies ranging from $7,500 (patch) to $35,000 ("do this repair now or you will need a major $80K repair").

Credit unions, banks, mortgage companies and private lenders.They all had the same answer.

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.

Keep your day job.Fortunately, this is my 2nd business and my primary business is small construction company. 

Otherwise, they have to eat the extra expense just like homeowners do.I would talk to an attorney and your insurance company.

And the insurance companies got screwed.

I will be start out on my real estate journey soon by working for a company and sourcing deals for them.

Some manufacturered companies treat it as personal property not real property.