Love what you’re building, Jacob — both with Legacy Construction and your apprenticeship program.

I get super paranoid about these things, especially when there is a lot of money involved.

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.

Im happy to share my sphere of influence with you to help you learn more about how to work that program here in Memphis!

Agree with all posted by Stuart & Corby, except about the Renters Insurance.We offer Renters Insurance to our tenants also and it's a special program only PMCs have access to and is a much better & cheaper "product" than tenants can get on their own.You have 3 options:1) Check the lease for a "transfer of management" clause to see if that can terminate those services.2) Negotiate with the tenant to terminate those services.3) Retain the PMC through the end of the lease.

Even if you are not a nurse there are programs that you qualify for that make it easier to get based on career field and that you are required to travel.Most people that have to travel have to aquire Mid-term rentals and its not cheap. 

If you’re looking for a solid STR co-host in DC, check local Airbnb Facebook groups or the “Co-Host Marketplace” on Airbnb — lots of great local options there.Co-hosts usually charge less (10–20%) and offer flexibility, but you’ll stay more involved.

Do you have separate bank accounts set up for each property or do you guys use any good software programs to help separate out each properties income and expenses from say Airbnb or Vrbo?? 

looking to start a sober living facility in my community.what programs/organizations should I reach out to?

How is AI involved here?