I self manage, have a cleaner but I also sometimes turn the unit myself.

I'm a broker and property manager here in Huntsville.

I would like to start close to home as I plan to self manage the rental side of it.

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.

Looking to connect with any investors, realtors, property managers, contractors etc from Fort Wayne :) Feel free to comment or DM!

I graduated from college in May, and I am currently doing business development (sales) for a property management company while studying for my RE license.

I am currently an Asset Manager for Multifamily Deals as my W-2 job and looking to buying my first deal in College Station/Bryan Area.Anyone I can connect with to pick their brain on different investing strategies? 

House-hacking with a multi-family property is a fantastic way to get started—it’s one of the best strategies for learning the ropes of property management while generating income right from the start.

Loans like this can be useful or very dangerous, depending on how you manage your business.The ideal situation for a loan like this is when you have a property that will take a while to get up and running. 

You will learn the time and effort required of managing such a unit.