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 can vary depending on how it was deeded.

That depends on many specifics.  

If you have significant wealth in assets that are not exempt from creditors (assets that ARE exempt from creditors are typically (sometimes depending on the state you reside in) homestead, retirement plan, annuities, whole life insurance, properly structured trust in which you are neither the beneficiary or the trustee), then containing potential liability inside a single asset like an investment property is a very good idea.

Please note this is a gross simplification/summary and it depends case by case how you handle it.Also, you can reach out to the tenant to offer them to move out and maybe throw in some incentives. 

Place the ozone generator in the center of the room, close all windows and doors, and run the machine for the recommended duration, typically between 30 minutes to several hours, depending on the size of the room and the severity of the odor.

As far as which approach is better [for your], it depends on your overall financial situation, the amounts for the property and run the numbers, and what your plans are for that property and future properties.Putting a down payment large enough to avoid PMI can make a difference. 

I’m in the design world myself and have seen a mix of strategies  some investors go all in upfront with full sets, while others take a phased or “just enough” approach depending on the market.Would love to hear how you all are handling it in 2025  what’s working, what’s causing delays, and whether cities are asking for more than they used to.Looking forward to learning from everyone’s experience!

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.

I know it depends to an extent on quality of work but is this a value add play or not?