I'm not a fan of complicated electronic locks because they have a high failure rate and are often very easy to hack.

The percentages are going to be up to you There are all kinds of High interest account that require all kinds of hoops to keep them.

., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

Highly recommend (I require) collecting first month's rent prior to handing over keys.

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.

Harlem is undergoing a significant transformation, and properties like this one, which offer both historical significance and modern amenities, are in high demand.

@Jacob W. land market in FL is highly competitive.

Rental arbitrage isn’t common in my area ( high point North Carolina) but I was planning on starting in another state.

It is a freehold property, recently renovated from top to toe with high quality, large garden, and kept very clean at all times.

In a climate like this with high rates, probably better to use a Heloc so you keep the lower rate of your 1st lien.