Regarding asset classes, there is almost no barrier to entry on cost since most land flippers do their first deal and make like $4,000 which makes it an option for some to start.

I’d love to see their REIT financials to compare against the other public REITs that have a 721 program.Their fee is way less than 721's commercial Jon and they are the only 721 with SF as asset class, other 721's are CRE based as you may already now.Having said that, their NAV would be better than 721's commercials..... in theory ;-) the annual fee is also 1% less than CRE.Do you have their Q4 statement?

At a new member class, a random lady said that she had the gift of prophecy.

This is my first investment property in a C class neighborhood, and I thought I had some good tenants, but there have been 3 late payments for rent in the 5 months they have been leasing my rental.  

@Jacob NevarezRecommend you figure out the property Class you want to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Have you thought of other asset classes such as condos or SF close to a ski mountain?

I made myself take QB classes and struggled for years, my CPA said what I am doing is about 80% correct and it was a ton of work to clean up the files. 80% is not acceptable for me when it comes to IRS stuff.

However, I heard East Cleveland is a D to F class area.For those of you with rental properties at or near East Cleveland, what is it like managing rental properties over there?

I doubt you would be able to get your money back at this point but im not sure how much value you will get from them vs spending that “class” or meeting time reading a real estate book or connecting with local investors. 

Detroit has 183 Neighborhoods, ranging from Class A to D.Would need the address to give a better answer.