@Kerry Baird Love hearing about others taking advantage of cost segregation studies.

You're netting $5k/mo and have no cash available and you're working a civil engineering job?

When a water heater breaks at 9pm on a Sunday I get an email saying it happened, it’s been fixed and it cost $1200 give or take.

Hi @Elias Halvorson,Both markets offer lower costs of entry and opportunities for cash flow.

Typically with a higher FICO profile you would lean towards conventional vs FHA, for the lower PMI and no up front MIP!

This is not the cheap markets but the higher cost markets.This year I added a half bathroom out of existing space in a very expensive area. 

.📜 Know the rules – No "deal-making" in the forums (that means no advertising, pitching services, or looking for partners).

So, we felt we had no choice but to stick with this guy.Move on to the end of June. 

I came across The Investors edge that offers 100% financing as long as the all in cost is 74% or less of the ARV.

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.