I just moved a kid out last month after just five months in the rental because he was problematic.

The last time we refinanced an apartment, regulations required that we test radon in every bottom-level apartment, which was over 100 units.

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 shopped all of my state's CU last time so I only called the top few this time around, it does seem like the best way to go about things.

@Brett Henricks - I attended a large DST provider's conference last week, and asked around about Crew to other Investment Advisors...nothing remotely positive was said.

The last Liability only policy we did was 7 Single family rentals in FL, $1M of coverage for $1,700 per year. 

And I certainly wouldn't have survived it with no investor losses, as I was able to do thanks to having a manageable portfolio at that time.All that is to say that I wouldn't change a thing.

If a property of similar bedrooms, bathrooms, type, and square footage has sold within the last six months, that is a comparable sale.

Then promised her my 10th rental would be my last.

Last question, do you know where can I get the list for NJ/NY?