Reason being, Valdosta has experienced two hurricanes and inflation, like we all have, in the last 5 years and the property taxes have been rising every year for the last three.

It doesn't help that interest rates are relatively high compared to the last few years and seem to be going up with the new inflation news and such. 

The state's average in which houses stay listed is around 4 months which was an increase of 9.7% from last year. 

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.

The last 12-18 months have been a little rocky in the DSCR space for 5+ units.

The last one on this offering was in 1/19/22.Thus this begs the question, should they have been raising money in 2023 without a qualified offering?

Quote from @Benjamin Larabee: Hi all,My wife and I have worked over the last 7 years to build a rental portfolio and are getting to the point where the bookkeeping/data entry tasks are becoming too time consuming.

K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.

I love all this last minute BS they are pulling.

The management guy which is the owner of his company as well said that there were more applicants but he didn't even bother to send it to me because those applicants had bad criminal records. last week he said there was more applications and he was going to check it but i haven't had any responses from it. today i called him to ask qbout those applications and he sounded a bit upset and said that he was gonna check it today, same thing he told me last week, i also asked his helper and she said that he was the one encharged of my rental. everytime i call him he sound busy. he seems to be all over the place and sometimes i think that he is just not taking the time with my property. also last week i mentioned him that if he could pls change the description of my property online and to add that i accept section 8 tenants and he said ok but still hasn't done it. i could tell that there was no communication between him and his helper who also works with him because one time she called me mentioning that ahe was gonna show the property to someone but my managemt already showed this property to this person. when i did let her know that he said that she didn't know i could tell there was no comunication between them. any tips from you guys , i'm very confused and don't know waht to do in this case