Tenants were ecstatic that I have been fixing things that were neglected for years and based on units in Clinton trading for about $200k a door, the property will likely appraise for 750k+ Lessons learned?

It's safer to at least have alarms in n doors if not the fencing.  

Lived in basements, shared bathrooms, dealt with pest problems that preceeded me, etc.

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.

@Daniel Cacho I’m 35 years old, have been in the game for over a decade, own 26 doors, run a property management company with 350+ units, and operate a realty brokerage with a small team of agents.

That way you can add bedrooms, bathrooms, etc. and that adds real value.

Lived in basements, shared bathrooms, dealt with pest problems that preceeded me, etc.

Small investor with 5 properties (10 doors) and made a 2025 goal to start using more of the features of BP. 

It’s a 3-bedroom, 2-bathroom unit that I’ve been living in for the past two years.

My partner and I have ~20 doors in OH, and we are interested to expand our portfolio to Fort Wayne IN.