I can show you top class A, B, and C markets if you have interest. 

Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.

PM - probably 10%MNT - should be 10%Vacancy - everyone thinks it's 5%, but that's only for Class A properties.

What level of asset class are you buying? 

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

Does anyone know if I qualify for this, if I don't have flood or wind coverage with the insurance company.If anyone else is in the same boat, feel free to connect.

Since you'll be buying at least a Class B property, try to put at least 10% down and hope in 2-4 years it'll have increased enough in value to get rid of the PMI.

Help Daniel, those areas might cashflow but appreciation will not happen you will need to look at more expensive areas and higher class areas .

This goes to Section 8 gurus, C-D class BRRRR gurus.

Zero cashflow, sure there is "appreciation" But I have never met anyone who can make that argument seriously when comparing it to other asset classes.