Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

According to the National Association of Realtors (NAR), the typical down payment for first-time buyers has been between 6% and 9% since 2018.

If you rent a full unit, the tenant drama within the unit is not typically your concern.  

S Corps are only appropriate in limited cases involving active business income, not passive rental income.Can complicate refinancing if the mortgage is in your personal name.Requires annual filings and may incur state fees.Enforce the lease if needed or find a replacement tenant; the deposit gives you some protection.Appeal your property taxes if the valuation seems high, you may save more than you expect.Use an LLC primarily for legal protection, not tax savings, and avoid S Corp elections for typical rental properties unless you're operating an active real estate business (like flips or development).This post does not create a CPA-Client relationship.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

Single-family homes in this area of Albuquerque typically provide steady returns and appreciation potential, making it a great buy-and-hold play.How did you find this deal and how did you negotiate it?

Business is still runnning under https://bawldguyinvesting.com/1) California Statement of info hasn't been updated in years 2) Still lists Jeff's old home as his addressI heard rumors of someone defrauding a note fund years ago and a couple of lawsuits which is typical, but wanted to see if anyone has any information.2019 https://www.edcombs.com/blog/2019/march/bgnf-group-llc-fka-b...2023 https://www.nclc.org/wp-content/uploads/2023/07/horne-v-harb...Next step is filing a complaint with the SEC and contacting attorneys.

That will make a difference. typically buyers will target a 12-15% yield, so if your rate is low it will sell for a huge discount.

You could hire a management company, but a management company typically costs couple of thousand up front, then they add 10% to all bills, and then charge you for them.

Let us know your typical per-square cost for labor and materials.