How long have you been an investor?

Seek investors who share your values and can contribute to your long-term success.One useful trick is presenting the offering rather than directly asking them to invest.

However, the inspector mentioned that the 2nd and 3rd floors are labeled as "Artist Dwellings," though he wasn’t sure what that fully entails.He suggested applying for a special permit to present the space as artist studios or dwellings, with the hope of eventually converting them into long-term rental (LTR) apartments under that designation.

We fell in love with DSM while living in the South of Grand and West DSM areas, but ultimately had to return back to the east coast last year.

@Becca F. you and I both have been around long enough to know that the deal that gets touted at closing is far different than end of year actuals.

Overall, it's a pretty solid long-term plan without overreaching.

The promise of financial freedom, building wealth, and creating long-term security is enticing, but the path to get there isn’t always clear—especially when you’re just getting started.

Travis is right, 2 of the main insurance providers pulled out of Texas in the last few months.

I had 3 different long term tenants in this unit over last 13 years, never had any issues.

: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.