But, Phoenix exploded the last few years with listings.

The units have been vacant except for a few short term guests that responded to my ads late last year.I live in a jurisdiction that effectively bans STRs that are less than 14 days.

Hi, we started investing in Cleveland last year.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

I think so...the Bin primer is the last one I bought too.

That is what I have done for the last two years.

. $4M will be my leverage to cover against emergency expenses including vacancy’s and will not be touched unless it’s last resort if I can’t leverage my assets.

@Justin Johnson Looks like you're doing quite well since your last post.

The last one can be as simple as runners who are local and can help with simple errands to full service property managers.

I was just in Detroit all last week checking on some projects we have going and meeting with other investors.