Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

I’m currently putting in offers in a new market in Syracuse Ny, because of job opportunities there and the market is more affordable.

Talk to tax man  if you sell individual houses you will lose your 121 tax free and have to pay the highest rates.. many times for a little extra money the risk and work is not worth it unless this is going to be an on going thing.I wonder if whats happening there is builder/developers are just replatting or confirming underlying lots that were consolidated years ago.. thats a huge deal out west ..And I helped a BP member find that hidden gold on a project she did in Nashville.

The property will be in his name, but he's wondering if transferring it to a revocable land trust, then having the trust lease out the property to his LLC would help him avoid personal liability (bank will not let him transfer directly to his LLC because of the due-on-sale clause).I suspect this wouldn't preclude personal liability since the property wouldn't be held directly by an LLC but would love to get an attorney's brief thoughts.OVERKILL.

A client I am working with has had their current engineering vendor withdraw from the job late in the final revisions of a B-Permit/street widening plan design with the Los Angeles BOE. 

I wonder how much equity you have in the building now 😃

There’s much cheaper ways to get it rent ready, just wondering if anyone had any experiences with having turf over longer periods of time in saving on maintenance and utility costs and if it was worth it for the upfront cost 

But I keep wondering if I'm missing something.

Section 8 tenants are typically highly incentivized to keep their voucher (i.e. have jobs, stay out of trouble, etc.).

Columbus has strong population and job growth, and with big players like Intel, Amazon, Google, Honda, Microsoft, and Facebook expanding here, the demand for housing keeps climbing.