I want to stop being pennywise pound foolish and get things set up properly. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?

Address potential risks by explaining strategies like maintaining emergency reserves, purchasing proper insurance, and conducting thorough due diligence.

I have had a good experience with Proper Insurance.   

When the installers came they should have said, nope, this can’t be done.

I underestimated utilities in my early years, so I ensure those are properly captured (electricity, gas, water and trash).

Up north the gas company will install additional meters for a very low cost, usually hourly billed time for the work and possibly low cost equipment.

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.

We’re looking to install a property management firm within the organization as a way to generate steady income and keep operations running.