Now for some nice winter shots then schedule for summer so you can add them as well.

Just shot you a colleague request, let me know if you have questions or need help with anything!

But some of those discounts (particularly those for OwnerRez and Hostfully) look pretty decent in case any one else is considering using them.

Multifamily always made sense to me as initially I was very impatient and wanted to see a decent cashflow.

Purchase price: $125,000 Cash invested: $75,000 Sale price: $248,000 Decent fix and flip completed in 2024.

Hey, would you say are there opportunities to find decent cash flow properties with say 20% down but also using property management?

They lady started almost yelling "If you have your bank investigate we will send them the screen shots we sent you".

This will still qualify for a residential mortgage and you have a better shot of completely offsetting your entire payment.

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.

Made a decent profit for my first experience Lessons learned?