So, when we chat about different Neighborhoods and properties, we're on the same page.References are nice, but why would they not screen the references first, making them useless?

All in, it ran me about $2000 (including shipping) and has 18k games.

Partner Driven covered 100% of the financing, including the $220,000 purchase price.

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.

@Jerell Edmonds is right that many of us, including myself, waited because of fear and feelings. 

Challenges include depreciation in market value (i.e., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.

For your scenario, a DSCR loan could work well if the property’s projected rental income can cover debt payments, but most DSCR lenders don't include renovation costs directly.

Both companies provide a Customer help screen that could answer your questions pretty much immediately.

@Melody RaultA lot of specialized tax firms, including mine, serve clients nationwide, using technology.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.