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.

The ability to split lots opens doors for creative investment strategies, such as selling one parcel while developing the other.3.

Ten acres in Texas with a mobile home to start is a smart way to get your foot in the door while planning for your dream home. 

This is a great strategy to use for beginners who want to get a foot in the door of investing while also learning crucial skills just as tenant management. 

I’m not sure if the metric has changed much with inflation and rising costs but I’ve repeatedly heard that $200 per door is a good cash flow.

Getting the foot in the door with a primary residence is a great way to start.

Typically they have a side entrance that leads to the basement which can be easily split up with a door/wall.

You never know when the next big opportunity will knock on your door—or ring your phone.Happy holidays, and here’s to seizing every deal that comes your way!

You might just be held at the front door.

No one is going to come to your door stalking you, but feel free to pay a few grand a year to "hide" your identity that will be able to be found in 15 minutes or in a request from the tenant if they request ownership of the LLC or the operating agreement to understand who they are signing a lease with.