: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.

Since it’s a single-member LLC, the IRS disregards it as a separate tax entity, which means there typically aren’t any capital gains or other tax consequences when moving the property to your personal name.However, keep in mind that if you have financed the property, transferring it may impact the loan terms, and expenses like interest and property taxes might not significantly affect your overall tax situation.

At Spark Investment Group, we do smaller 506b syndications with a typical $25,000 minimum with capital raises typically in the range of $1.5M to $3M. 

@Minji KimRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which is VERY important for stable rental income and low property maintenance/damage.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

You could be creating unnecessary paperwork, headache, admin responsibilities, etc.This is more of a legal question, but typically I would think for a holding company you would want to list yourself as the manager of the holding company.

Steve, typically it is not worth it. however it depends.

Short term rates were 5.5 percent, two and a half points higher than what cash typically pays.  

Having a 30 person rental, from my experience, can move you away from the more typical rentals (single family).

I have most of my tenants through local mental health/addiction services, and those tend to be better than the randoms from craiglist, as they typically have a case manager to check up on them occasionally...

On the rare occasion I answer, I typically waste their time.