In Dayton, I find most of my clients like A/B class 1-4 units because they can actually cash flow AND be in great areas.

Many of our borrowers/clients have one LLC that owns the building and another than own the operating business.

But I ran some actual reports for clients this week and wanted to share.

-------------------------------------------------------------------Recommend 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 greatly IMPACTS rental income stability and property maintenance/damage by tenants.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 property in Class D area to Class A standards, what quality of tenant will you get?

I've not yet invested in my first property, but I plan to purchase my first one by the end of 2023.

Purchase price: $2,000 Cash invested: $60,000 Sale price: $91,000 Bought this one from WCLB with the intention to fix it and sell on market to homeowner.

Quote from @Christi Wolverton: First time in 3 years of mid-term renting that I had a credit card denied two months after client moved in.  

Purchase price: $839,000 Cash invested: $83,900Bought an up/down duplex 4 blocks south of Sloan Lake.

Hi Jessie,I would love to assist you and your clients with home inspections.www.inspectingga.com

@Preet Oberoi Purchasing a short-term rental (STR) or tiny home to offset W-2 income with depreciation can be effective if structured correctly.