In the alternative, everything seemingly goes well, he has lied on his application (very dumb move) which you don't control and down the road a year or two you get a "knock, knock" on the door from some very stern men who want to talk to you about the transaction.

There can also be chemicals in the treated lumber that are harmful to the environment.Invest in a good screen or built in door system.  

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.

One of my clients has added about 50 doors through me.

I think you can definitely run into a potential guest using that against you in the near future and opening the door for liability. 

Its the easiest way to buy up to 4 doors for only 3.5% down. 

.: @Keith Wilsonwhat are you trying to accomplishwhere are you locatedhow many properties do you owndo you have lots of cash Coffeyville, Kansas just trying to grow have 3 doors now that i paid cash for but out of big$$$ so will need loans  

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 don't have a ton of properties but are now up to 5 properties 7 doors and for us it has taken anywhere from a few days to a month to rent out our properties. 

I personally started investing there in 2019 with a budget not too far off from yours, and I've been able to build up a portfolio of 12 doors since then, which now kicks off over $16,500 in gross monthly rents.Detroit has a lot going for it—affordable price points, strong rental demand, and good opportunities for cash flow, especially with single-family homes and duplexes in certain areas.