Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Has anyone else gone through this exercise and can shed some light on the positive and negative aspects of the different approaches?

I totally get your approach, especially after closing over 1,000 houses → your results speak for themselves.

@Tanner SortilloWhere would you start and what would your approach be if you were a new investor with $100k set aside for RE investing? 

Haven't been able to find much on him either but his approach really interested me.

These approaches consider how the capital has grown or shrunk over time, providing a more accurate reflection of actual performance.For instance, the CAGR in this case would be negative, as it accounts for the overall movement of the investment from $100 to $50 over the two-year period, indicating a loss.If you'd like further clarification or assistance in understanding other metrics for evaluating investments, feel free to ask!

The appeal of this deal lies in its low entry barrier and high potential return, made possible by your hands-on approach in sourcing and negotiating directly in the market.Financing the deal through both personal investment and banks offers a balanced leverage, while your approach to seeing potential in underappreciated properties maximizes value.

For now I've settled on the "live in flip" and "house hack" approach which seems to be the best way to get your foot in the door in an expensive market.

. - 30% down on 200+ storage unit complex Earlier this summer those rates were approaching 7.5-8%We anticipate a very active fourth quarter. 

Looking forward to engaging with you all and being a part of this incredible community!