SB-684 creates new development opportunities, turning vacant lots into high-value listings.

Smooth, flawless walls give the house a polished, high-end feel—buyers notice!

It doesn't help that interest rates are relatively high compared to the last few years and seem to be going up with the new inflation news and such. 

@Haley BrodeckiThis is a common challenge with smaller HOAs since many lenders require a high owner-occupancy rate for condo financing.

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.Section 8: Rents are too high for the program and cash paying tenants are better overall.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 yearsSection 8: Rents are usually too high for the program.Class C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

You want enough so that a potential law suit would go away if the insurance paid out.Best thing is to highly maintain your property and treat guests with respect so that no one would ever want to sue you.

We want a high paying job immediately when we graduate...and, the cost is so high, without getting that instant financial reward upon graduation, it's not worth the cost.Going to school is extremely important. 

According to Warren Buffet, Fannie and Freddie really failed because of high-leverage risk-taking in the fixed income arbitrage space, saying:“The portfolios are what really got them into the trouble…the managements of Freddie and Fannie tried to juice up the earnings, basically, because the insurance guaranteed that they were given that mortgage.

In this guide, we’ll explore high-yield property types and help you decide between long-term and short-term rental strategies to maximize returns.1.

The confusion regarding the JADUs and owner occupancy comes from the information source.