Do you think it's common for a tenant to sue for an amount greater than insurance can cover, then take your property or even your personal assets? 

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.

At a 7% cap rate= $685,000 for the same amount of effort and risk.2. 

If you don’t itemize, you won't be able to claim the deduction.Limits on Deductions: The amount you can deduct may be subject to limits based on your adjusted gross income (AGI).

You can be proud of what you have achieved in a short amount of time, this is really impressive!

If you can qualify for an FHA mortgage that amount can be as little as 3.5% of the loan value.  

The strategies require a good amount or luck and effort and sometimes finding and taking advantage of a seller with equity.

Until the rates come down to refinance, the key for us is to limit the amount of turnover at the properties. 5K to 10K in rehab basically eats away at several years of cashflow.

For those that have invested $10k have you thought about investing that amount with Grant Cardone..

Banks won't usually touch it even if buyer is qualified to purchase, banks don't like to finance small purchases, most have minimum amount they will finance (around 100K or higher).