I find distressed properties but, never know what to do with them.

There are never full photos of the mechanicals and basement and roof line so you will never have even a bare inkling of what the potential repairs will be.

I have been interested in real estate investing for a long time, but never really had the community, capital, or understanding of how.

It's not an effective strategy but a lot of investors believe throwing in high end appliances in itself secures a buyer. 

I ended up closing the line at 5.25%, interest only payments for 80% of what I paid for the deal.

Will they have to be auto programmed to hang up and never call again if so requested? 

I would never move back to Canada.

They were never particularly nice, beach cabins on stilts with rattan furniture that usually had water stains from wet suits.  

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.

@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.