I believes that well-planned real estate investments can open the door to financial freedom and generational wealth.Welcome!

We are still relatively small with only 5 properties, 7 doors. 

There are a lot of good posts on here so I would take some time and read the forum so you can hit the ground running.

It easy for people to get up on their crystal palace podium but the moment it comes knocking on your door or in your neighborhood peoples opinions change drastically. 

I run Forged Home Buyers, a San Antonio wholesaling business, and my business partner is an agent with Virtus Realty. 

Instead, they bought homes and lost money, then acquired Open Door and lost money.

Have you run numbers on this as I cannot see this working. 

It would've cashed flowed more if I didn't run into my first shady contractor.

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.

PTO days you can tackle this stuff with the contractor as the mentor and do.. Or