We are mainly worried about the quality of the repair.

This projection opens up opportunities for investors to acquire high-quality properties at prices below replacement costs, yielding attractive long-term returns.One of the primary challenges facing multifamily investors is the impact of interest rates.

Hey Mario, yes out-of-state investing can work well especially if you're in a high cost of living area.I invest in Detroit and live in California.

not much then go for it.. very important then you need to wrap it and stay in control.Would you consider the wrap even if you have high level trust in the individual?

: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.

**Interior Renovations**: Upgrading kitchens, bathrooms, or flooring can justify higher rents and attract quality tenants.5.

High ROI How did you find this deal and how did you negotiate it?

Baltimore city has the most MF inventory in the DMV, but you can run into issues with crime and quality. 

From my understanding right now seems like not an ideal time to get in with mortgages being high and rent being low.

I’m thinking about luxury condos for short term rentals since I’d occasionally want to have a place I can use for myself.With mortgage rates so high and HOA fees for many of these buildings at around $1k a month, it seems like investing in a condo in Miami is more of a game of price speculation.