The metro area population of Montgomery in 2022 was 367,000, a 1.94% increaseResidents and large corporations are attracted to the State of Alabama's pro business climate of low taxes and Sun Belt weather.

Would you accept a tenant for a $2,150/month rent with the following situation:- They own 2 restaurants so it is hard to verify their actual income VS the company.

For example, states like Texas have no income tax but higher property taxes, which can impact your strategy.

Real estate can provide a more tangible asset and potential for rental income, but it requires more management and can be less liquid.

This person probably sites on the internet and thinks they know what they are talking about but again 100% clueless.Rental Pricing Regulations 99% of the time HUD pays MORE than cash.in OH anyway.Risk of Renting in Lower Income Areas SEC 8 prop can be anywhere, NOT just low income, I have props in the best areas in Cleveland.

On the equity side by increasing net income and or decreasing risk, on the debt side by “working” the note.  

So, I feel as though my approach gains me slightly BETTER numbers when it comes to income and expenses over someone who tries to get top rent with higher vacancy/turnover.

This payment will leave me with about $600,000 in W-2 income for 2024.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $1,629,844.Through the cost segregation study, they were able to reclassify approximately $2M to a 5 year useful life, $2.35M to a 15 year useful life.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.