that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

I’d be happy to connect and learn more about your experience as well. 

I would sell that property in IL and chalk it up to a learning experience.

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.

I just had a great meeting with Justin (he’ll have my email) last week and would appreciate an opportunity to learn how systems to avoid situations like the above have been applied.

I've also had clients look into different Facebook groups that they can find about moving to a certain area and learn that way. 

I’d suggest starting there, or if you’re comfortable with Excel or Google Sheets, customizing a simple flip analysis template yourself.Final Thought:Since this is your first flip, starting with a modest project can help you learn the ropes without risking too much capital.

You may learn a lot of valuable information about what people are looking for in your area.  

It could be worth learning this if you were planning on installing more garage door openers in the not too distant future.  

We hope to create a win-win-win scenario for all involved and it's always a learning lesson when that doesn't happen.