Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

Partner Driven financed the Jenner Cir deal using its own capital, covering the $300,000 purchase price and $20,000 to $30,000 in renovation costs.

There can be big costs to join this group, but if you follow the system and need a lot of mentorship, it might be worth the investment.

A key component to cash flow will be loan terms..you could consider trying to incorporate a seller concession towards an interest rate buy down or costs to help improve cash on cash returns.

(I can't remember exactly to be honest, but we charge about what it costs us to run the background check.)I would definitely recommend doing that.

Protection from Nursing Home Costs: They also mentioned concerns about Uncle Sam taking my assets to cover nursing home costs.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

It feels more like a precautionary practice with very little cost.

Rents stagnated or dropped in most areas, and this is on top of all the rising costs, especially insurance and interest rates.

Diversifying your portfolio can reduce risk and potentially increase overall returns.Opportunity Cost-You might miss out on potential opportunities to leverage your equity and acquire more properties, especially in a market where finding cash flowing properties is challenging.Pursue a 1031 ExchangePros:Portfolio Expansion-A 1031 exchange allows you to diversify and increase your investment portfolio by acquiring multiple properties.