@Nestor Rodriguez so you want to live next to someone that doesn't work, sits home all day smoking weed with their troublemaking friends and attracting other lowlifes?

It's not uncommon for Class A rentals to negative cashflow for the first 3-5 years, until rents increase at a higher rate than taxes & insurance increase.While this can be an unpleasant situation, Class A properties tend to appreciate the most and attract the best/easiest tenants.

This can set you apart and attract clients who are serious about making informed decisions.If you ever need advice on the financial side of real estate, I’d be happy to chat.

Also debating HELOC (more involved but better rate) vs Asset backed LOC (easier but not as attractive rate).

Regular inspections and making sure the property looks great not only helps with tenant retention but also attract quality renters.What about you?

These are individuals who are already conditioned to take on greater risk with the hope of a higher reward outcomes and will be attracted to the potential of syndicating real estate deals.Despite the greater risks associated with their current professions, I am sure most if not all are involved in businesses with  greater than a 2-3% success rate.

It’s a landlord-friendly market with strong population and job growth, making it attractive for investors.

They may seem attractive on a spreadsheet if you are chasing cash flow, but the fundamentals are not as strong and these properties are  disproportionately impacted by capex and operating costs.

So this could be an area that is just more attractive to longer term tenants?

This is a solid, predictable income stream.Low debt: With only 7 years left on the loan, you're close to owning it free and clear, which will significantly boost cash flow.Diversification: Keeping the fourplex provides diversification alongside your other investments and W2 income.Local market knowledge: You likely have a good understanding of the local market after 10 years of ownership.STR potential: Michigan has some attractive STR markets, especially in tourist areas.