I was out of college (just earned my degree in Culinary Arts) and was constantly running out of money.

Quote from @Jinxiang Xu: Thank you for the advice, yes I saw the breaks in the video as he was running the line.

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.

We want to get a few rentals up and running and then (if all works well) begin bringing other friends/investors in to invest with us.

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

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

I run Blaze Real Estate a property management company in Amarillo.

Hey gang - A partner and I just started a local RE investor meetup.Q: For anyone that attends these regularly or runs one....what are some of your best practices/tips/tricks to keep your audience engaged and growing?

A law suit runs about $25,000 and a year and a half.

Getting his/her initial reaction could open the door to an agreement that works for both of you.