We consistently maintained 85% or higher occupancy.

What stood out most to me was how much focus you put on eliminating waste, keeping overhead low, and maintaining clear systems — those are the kind of moves that separate successful operations from ones that just squeak by.

incredible idea, keep us updated, in general leasing a space is going to be the "lowest barrier" to entry, but with a space that large its going to be costly, but so is building a space and maintaining it. 

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.

It is taking me a bit of a while to find a job in my new place and the property is maintaining my debt.

Once you understand how the buying process works, have experience with maintaining a home and dealing with tenants, you'll be able to make a more informed decision for the next time around. 

They maintain  no bias to promote whatever aspect of real estate they’re involved in.  

If you cannot achieve better than the conventional property interest rate as an investor, then you have no business investing.Before the rates started to increase (q2 2022) I actively worked to maintains as high a leverage as I could.  

In my experience, a high welfare rate in an area isn’t automatically a detriment it depends on how you structure your investment and manage your properties.Key considerations:Tenant screening & management: Even in areas with higher assistance rates, thorough screening and clear lease agreements can mitigate risks.Market dynamics: Areas with higher welfare numbers sometimes have more stable rental demand because tenants rely on assistance programs, which can reduce vacancy risk.Local laws & support: Understanding local landlord-tenant regulations, eviction rules, and available support programs is critical to protect your investment.Property type & location: Investing in well-maintained properties in desirable neighborhoods, even in high-welfare areas, can still yield strong returns.Ultimately, it’s about balancing risk and opportunity.

For rental real estate, expenses must generally meet the standard of being both ordinary (common and accepted in the rental business) and necessary (helpful and appropriate for operating or maintaining the property).