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.

You can also print out the tracking information from the USPS website too.Given this, if a tenant asked for money back a year and a half later, I'd ignore the request.

Putting people in a position where they would need to sell or come up with an alternative strategy to pay off the mortgage balance prior to rebuilding. 

It doesn't work as well now because it's hard enough to be cash flow positive with prices + rates and where rents are at. 

So there's a lot of positives I'm seeing from my research.

In many cases, whatever weakness got them in that position (lack of focus, lack of drive, failure to take responsibility for their destiny, etc.) will also make it difficult for them to succeed in real estate. 

I hope it works out and post anything that's positive with the next PM.

Getting the federal return correct is the most important and with owning two properties, there could be some positive tax benefits.

My state has a good court website where I can better do my own background checks for free so that isn't an issue.

Our end goal is to be in a position where we can be very selective and choose the clients and properties we work with so that doesn't happen.