I don’t know how easy it would be for you to contact every resident and ask that nobody use any water at a certain time for 10 minutes.

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.

: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.

I think it is just as indisputable that higher cost markets will produce greater value add via a proper rehab.Next question is does initial cash flow have any correlation to actual cash flow over a long hold. 

The guru your son is learning this technique from is likely not telling your son that the deal will almost certainly encourage your son to get an "off-market" deal from a "wholesaler" who is unlikely to properly disclose the details of the property or encourage an inspection. 

How difficult or easy has it been to get tenants secured in that area?

It is very easy and doesn't have to be contentious. just follow the steps.

For me, it was easy.

Metro area will lead to there being fewer total units available, and higher occupancy in multifamily buildings.Population GrowthCoStar: Population Growth, DC Metro, United States (1/7/2025) Period Washington United States 2030 0.758% 0.498% 2029 0.758% 0.500% 2028 0.757% 0.507% 2027 0.765% 0.515% 2026 0.834% 0.532% 2025 0.966% 0.563% 2024 0.983% 0.569% 2023 0.707% 0.500% 2022 0.262% 0.423% 2021 0.004% 0.189% 2020 0.123% 0.285% 2019 0.946% 0.514% 2018 0.947% 0.562% 2017 1.058% 0.657% 2016 1.079% 0.762% 2015 1.125% 0.785% Washington D.C Proper surpassed 700,000 residents for the first time since 2019, showing the continued resurgence of the city since issues that arose for the city during the Pandemic (Source).

How would you recommend, or what resources would you refer for us to properly figure out how we spend our time and appropriately get compensated for it?