Over time, I’d like to expand into short-term rentals, buy-and-hold properties, and flips.I’d love to connect and learn from this amazing community.

Lessons learned?

I’m excited to learn from this community, share ideas, and build valuable connections.

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

Add in affordable space and a skilled workforce, and you’ve got a recipe for success.4️⃣ Learning from My ClientsI’m watching my clients crush it with their industrial investments, and it’s inspiring me to grow my own portfolio.

I’ve learned the hard way that a little miscommunication can lead to big headaches.

Make a long list of all the lessons you have learned.

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.

It doesn't take long to learn how to spot a good deal.6.

This is a great place to learn and to connect with people so take advantage of all the great resources.