-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Well, apart from “if you give me $3000.”Luckily this is a co-living model through PadSplit so I have some income coming in.

Id be happy to break-even with the rental income if I get all of my invested capital back.

It depends if you need or want the money out or want an asset that will bring in income, especially since you own it cash.

Six figure income is still impressive for any residential SFR..optimally rates improve and so will rates of return with a refinance.

Yes, you may lose out on income in the beginning when first trying STR out, but you'll never know until you try. 

With Plus, you can use Classes to separate properties and accurately track income and expenses by unit.

Projected annual income is 20% of the purchased price.  

It's easier to scale with multifamily properties due to income potential and operations.

@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?