Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Ultimately it was sorted because I clarified they legally had a joint responsibility to pay the total rent and there wasn't even an option for "half" the renters to pay late.

Even if they offer a 721 on any property, I would recommend looking elsewhere.

Hi Michael,10% down is widely available with good FICO scores and cookie cutter deals (rehab<purchase) typically above 720 even for first timers.

And even then, the life cycle is generally pretty long from first contact to closing.  

Unfortunately, many owners don't even know what to look for!

You can live in your own space and rent out the others.You may even find a house hack.

Compare this to other hard money lenders to ensure you’re getting a competitive deal.Reputation: Before working with any lender, it’s crucial to check reviews, reach out to other investors who’ve used them, and potentially even meet with them in person.Experience with BRRRR: If possible, find out if they have experience funding BRRRR projects specifically.

Even more than credit, the more experience and capital you have, the more aggressive a lender is going to be.

Those assumptions above may not even be entirely accurate, that's just what I've been told plus what I've deciphered from the zoning table.