I just bought them last year.

You'll get to make connections that will last with people you need to know and can call over and over for advice on your next deal. 

@Caleb Brown -Thank you--the place was purchased early last year by current owner and completely renovated. 

We had a neighborhood meeting last week to discuss the development with nearby property owners.

Check out the new SDIRA book from BP and@Kaaren Hall, launched just last week!

Any recommendations for something that will last for awhile? 

One of my CFO clients just did this last year and got cashed out over $1M, which he's using to buy more properties.

Especially these last few years with interest rates being so low for so long, every decent asset class has seen cap rate compression for several years.

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.

I have been following BP on YouTube for a few years and have been investing in real estate for the last 3 years.