Sometimes people don't want to live next to people that have a bunch of garbage in their front yard, that are loud and obnoxious, that are creepy and weird, or maybe who knows maybe the house next-door or on the same block had a murder or a shooting happen at it and it is a well-known thing that people can look up. regardless, I think that due diligence goes into affect here pretty well.

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.

I sent her a 5 day notice via certified mail with return receipt requested because she wouldn't answer the door or answer my phone.

I had to replace doors, carpets, repaint.

There were hardly any cabinets and a door had been busted open where someone broke into the house due to it sitting vacant for so long.They apologized for the lack of communication and assured it would be better but I have had no calls or emails returned again.  

That led to uncovering significant water damage throughout the first-floor unit's bathroom, forcing an immediate renovation.

I bought these two houses that were next door to each other with a partner using hard money (3pts, 13% interest, and 1% extension fee every 3 months after the initial 6 month term).

@Leslie Beia what do YOU think $30k income would come fromHow many doors?

If he's only doing bathroom remodels, that would make sense to not bother.

I have been able to scale up to 12 doors in 2 years so definitely recommend this area.