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.

Hi, @Ben Netter, My clients and I had great experiences with IPX relative to the two rental properties they sold in the last 6 months.

Can you share some financial numbers related to your house hack?

For more information, contact the Philadelphia Commission on Human Relations or the Fair Housing Commission.Bed bug control responsibilitiesLandlords must develop and follow a bed bug control plan to prevent and control bed bug infestations.You must give tenants:An informational notice from the City of Philadelphia about bed bugs and landlord/tenant responsibilities.A written description of bed bug infestation and remediation in the rental unit within the preceding 120 days and of any ongoing remediation.Within ten business days of receiving a written complaint about bed bugs in a rental unit, you must hire professional pest control services to investigate the complaint and begin remediation if an infestation is found.Remediation services must continue until there is no longer evidence of bed bugs in the unit.

I work with Property Management in Houston but can recommend some great networking/educational events for you :) Check out Space City REI - there's monthly meetups with an educational speaker relating to real estate investing and there are plenty of Investors looking for Wholesalers out there! 

.: Quote from @JD Martin: The 1% "rule" is just about dead everywhere outside of the midwest and some places in the south that are still relatively cheap.

HELOC on a relative's primary?

It's against the law in some jurisdictions (OR, WA, CA and others) to even approach someone in a distressed situation unless you are an attorney, a realtor, or a registered "Distressed Property Counselor" and you can't benefit by buying or wholesaling the property.Equity Skimming and related penalties of sentencing are detailed in 12 United States Code USC Section 1715Z-19.

Having trusted resources in market have been helpful in managing our properties and contractors especially when my non-real estate related consulting business is in its busy season.

All IRA-related transactions must be "arm's length", in other words, IRA can't get involved in any transaction with yourself, your immediate family members or any entities these individuals own or control.