Credit, jobs, income, age, married, plans for future all this matters.

Repairing/improving to sell.

Your job will be to find an investor-friendly brokerage willing to teach.

For instance we have seen dozens of sand and stain jobs on hardwood at $2/sf that needed to be completely redone. 

My goal is to continue to acquire more cash flowing rentals to eventually leave my day job and just self manage the rental properties. 

They have have done a great job outlining all the possible things that can go wrong and what  can go right.  

It’s super important you prioritize the end product: something that gets the job done well as an STR.  

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.

•Exterior: Landscaping improvements, including tree trimming and shrub removal.

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.