Just cause the stock dropped a lot over the course of the last 2 years.

Thank you.I had an awesome conversation with a gentleman last week talking to me about how he's been able to acquire plenty of real estate through syndicates.

I inherited a section 8 tenant when I bought the house last month who has been here for 10 years and has not paid his partial of last month's rent.

: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+, 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, 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.

Some of our clients have opted to pay capital gains tax on a portion of the proceeds and use that money for the renovation.Not all purchase contracts include the 1031 exchange language.

I've been working exclusively in rentals for the last few years but recently switched gears and thought this would be a great place to share information!

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.

My winter guests in Florida are almost all through VRBO, probably because I have older people who book far in advance, and the older folks seem to be on that OTA while the younger set are more likely to be on AirBnb and are more last-minute bookings (for me and my properties).

Do I say: "The 300$ discount will last till the end of the next week and if you dont sign the lease the rent will be without the discount?

The last thing i want to deal with is a lawsuit.