I’m sure he feels like he earned that money because of how much time he spent going to different sources supposedly.

There are situations that they can source better value products from larger suppliers such as HVAC units or plumbing supplies, and we are ok with that.

I personally invest in Detroit and have built a solid process to help others navigate the market, from sourcing deals to property management.If you’re interested, I’m happy to share more about what we do and how we can help.

We put $75K down to begin with and likely have $85-100K in equity ( depending on what non-scientific source you check since I haven't had a full appraisal done) on it.

Instead of focusing solely on the popular spots, they expanded their search to neighborhoods like Linda Vista and Lemon Grove.

I understand that AirDNA shouldn't be the sole source of data.

Always consider the source.

Focus on long-term rentals in affordable markets with reliable cash flow, and steer clear of high-cost flips, lower-class properties, or overleveraging in areas that rely solely on appreciation.Good luck!

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

If you could a way to tokenize good deals I might be on board but I don't want anything to do with the distressed income deals you will likely be able to source unless I had ownership rights and could fix the problems causing the distress.