Hi @Shital Thakkar, my clients are involved in institutional grade properties across the country.

Hi All,  So I've finally purchased my first investment property and am starting the reno process. My plan is to live in the property for a year and then move out and keep it as a rental. The property is a single famil...

It also has to be 44" or less off the finished floor and have a way to get to grade level once you exit the window.  

@John Arendsen that's crazy, I was the last class to attend LMHS for 5 years (we started in 8th grade).

What type of property is the appliance going into and what grade of machinery are you looking to have?

The property as a conventional is graded like a house as a commercial it is graded on income flow and as such all the math and numbers will be different as well as the standards as to what is a predatory loan.

Not all inner city I would venture.Joe who works Detroit and deals with I think a little higher grade than what you describe but knows the score and knows to stay away from what your describing for financial health reasons.Myself the accidental landlord who knew not of what he was doing, back in the day and was forced into dealing with inner city and this tenant demographic

Key is how much the land will cost for the best locations and also how much site work and land grading will cost.

The test was MUCH harder than I expected, and I was not given a grade either, just "Pass", which was pretty unsatisfying, although I'm obviously very happy that I won't have to deal with Pearson VUE anymore.  

If you haven't done so yet give The Ultimate Guide to Grading Cleveland Neighborhoods a read.