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.

There's no way I can keep the house above water with that rent let alone consider any positive cash flow...so I need them out!

People like to use HELOCS especially now, if they have a very low interest rate first position mortgage, in order to tap into that equity without losing the low interest.

Possible (but I doubt easy) if seller takes a 2nd / subordinate position to the bank or is secured by other property you own.

I recommend you hold your cash position for 12 months.  

But I first have to positively identify the person with a certain transaction.

Investors who establish scalable systems, secure diversified sources of capital, and streamline project execution will be better positioned for long-term success in an increasingly competitive market.For those ready to move beyond individual deals and build a high-volume distressed property business, the focus should be on operational efficiency, strategic partnerships, and disciplined execution.

Connect with a housing coordinator if that position is available in your area and stay in contact with that person. 

If a 2-bedroom unit rents for $1,800/month in these neighborhoods, you’re well-positioned to offset your mortgage.2.

Well managed and marketed can impact your revenue upwards of 30% or even more, so hone your pricing strategy and listing positioning.