It has taken the last 6 months of the year to come to terms with an essentially game changing mindset: "Track the input and let the effort determine the outcomes"Initially I wanted reach a goal of $100,000 in a year wholesaling real estate.

Over the last few years I've had a rotating list of Podcasts I listened to regarding multifamily real estate as well as general real estate investing.

3 of my last 4 loans in Ohio have all been with a community bank.

When it hit >60 last week, I went short. 

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.

Probably shouldn't have replaced the carpet with LVP in the upstairs bedrooms/ hallway last year (~1000 sq ft)... new carpet could probably be done for around $4k, but not sure it would solve the bigger noise issue.

A 1/4" wear layer may only last you 75 years. 8-) The hardwood can be refinished while LVP cannot.

We have seen steady rent growth and appreciation over the last 10 years, especially the last 5 years.

Lastly, considering alternative materials that offer durability at a lower cost can also contribute to maintaining healthy profit margins.

Meanwhile, with the next Fed Chair appointment approaching near Christmas, Trump announced last night he has made his pick and expects his nominee to cut interest rates.GeopoliticsBroadening the lens, US officials met with Ukrainian negotiators over the weekend and are now heading to Moscow to push a revised peace plan.