Quote from @Nathan Taylor: @Jonathan Greene I'm going to be house hacking and the major expenses like roof foundation and those sort of things are still in good shape with the roof being 12 years old.

I have seen major renovations and in some cases if the neighborhood and comparable sales offer newer homes or C1 or C2 options and you take what we call a total regut or renovation it can help generate a higher appraisal.

@Karen Spriggs check these links out to support what @Russell Brazil posted:https://fhlaw.org/home/know-your-rights/reasonable-accommoda...https://www.justice.gov/crt/us-department-housing-and-urban-...

The US has been in process for some time now of the scale flipping from majority ownership too majority tenancy.

Not maintenance, but upgrades (I tell my clients to just try to get the major stuff because you'll drive yourself crazy trying to find receipts or numbers for every little thing).

We are the best place for 300 miles where you can hosts major sporting events, festivals, concerts, shopping, and large corporate gatherings. 2025 - 50 STR/MTRS units managed & owned.

Property has equity, no major repairs needed How did you find this deal and how did you negotiate it?

That being dictated by the quality of the building and proximity to the major job centers.There is a lot of gentrification happening in/around the city stemming from the East End where most of the universities/hospitals are located.

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.

Distributions will commence as of Q3 of 2023, and the majority of profit will be realized upon the sale of stabilized assets in year 5, also per our projections.