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.

Quote from @Christina Venegas: Quote from @Dominic Mazzarella: Quote from @Christina Venegas: is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respondIt’s definitely possible to get a HELOC on a primary home, but most lenders have a seasoning periods which are typically 6-12 months after purchase before they’ll allow it.

Much appreciated!

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.

Really appreciate your time.  

Quote from @Miller Johns: I need help finding a way to get a business like a coffee house to lease out my vacant paved lot for long term lease The lot size is 10,000 square feet and I need help from you guys on how to go about this I'm totally new with this how do I attract somebody like a Starbucks or scooters coffee house are some kind of business to be interested in leasing my lot for long term there is a bank next door to the lot it's on a big Rd.a lot of traffic but the only thing is my lot is not zoned commercial so if someone could please give me some advice I would appreciate it and anyone who can help God bless you for your adviceHey @Miller Johns, welcome to the BP Forum! 

Properties have appreciated to insane heights in the Poconos, the metropolitan area I cover has been a decent appreciation gain, but not like the vacation market!

However, the DFW area stands out due to its stronger appreciation, rapid population growth, and overall economic expansion.

Get a firm quote before committing.If appreciation is low, ensure rents are strong enough to justify the effort. 

The issue I see is that market has historical appreciation below average (not bad, but slightly poor).