Once they're done, you can rent out the property, refinance,  and cash them out.  

Rent in full on time every month with little to no turnover/vacancy. 

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.

Proof of claim reserves any rights you have; if you have a lease with the tenant your “claim’ is the amount of future rent owed on the lease.  

If so, you can use the security deposits from both tenants to cover missed rent. 

We liked the idea of partnership on a bigger project with the specific MTR strategy in order to increase NOI and exit in 3-5 years.

Talk to local investors, study rent comps, and understand how leasing cycles work in your chosen market.

Someone from Stay Hikaru reached out to us inquiring about our Tampa property.  They are a corporate housing company. Does anyone have any experience with this company? Here's the link to their website: www.stayhikaru...

Nice to meet you (electronically).Currently renting a single-family home in a very expensive coastal Southern California city.

I was going to ask if you considered renting the property until the market picked back up.