I've finally decided to do a new member introduction! 

(I actually laughed when I first learned this.)10% property management fee (With separate charges for new leases, repair management, and rent collection—what exactly does this cover?)

I would like a book or program recommendations in order to learn how to purchase and manage the extended stay hotel.

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.

Lesson learned: slow follow-ups and poor lead management can be expensive.I knew I had to change how I handled leads, so I started automating follow-ups—and the difference was huge.

Stormwater Management Easements and Covenants.11.

Also would greatly appreciate recommendations for agents, lenders, and property managers in the OKC area as well. 

And I don't think anyone else will be able to get a loan if you decide to sell it in the future - which obviously impacts its value.Yes, you can do Conventional, FHA, VA, and USDA loans to purchase existing or new manufactured homes. 

Hi Paul,I'm in a very similar position as you and decided to shutdown 401k a year ago.

A lot to unpack here, though, to really decide.