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.

Originally posted by @Dominic Battaglia:@Marko Agbaba Ive been looking into student rental primarily, still a learning curve and looking for the right deal but I'm hoping to jump in soon before I transition jobs!

I would love to partner with anyone, learn from anyone and do anything I can to provide value.

A large part of my work day was selling the courses and assisting the students.Learn By DoingNote and real estate investing is a learn by doing business.

There have been a few things from this partnership I have learned that I am going to tweak moving forward. 

Turned out great it is my favorite padsplit remodel Lessons learned?

UPDATE:  Just chatted with the city and learned that variances have a high threshold for approval.  

Could someone break it down step by step for me and explain why yes or why no and if yes how would someone like me with little money get it done and profit from it.10 unit multifamily investmentI look forward to learning from someone that has done it.

Lessons learned?

Leverage equity, explore house hacking, and continue learning through books, podcasts, and local networking to refine your strategy.