➡️Underwrite deals with data-driven decision-making.

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.

While it's true I don't necessarily trust the pricing software algo, I really like the ease of accessing the data.

. 😉  Lack of investment capital (money) ought never be the obstacle because if the deal is right, the money will always appear.Then, you’ll need great data sources both for identifying opportunities and confirming the facts.

This group is an incredible collection of midterm rental hosts who support one another by offering advice and suggestions, being a sounding board for each other, offering mentorship and collaboration opportunities and share our respective networks.

I like that it’s an all-in-one platform for tenant applications, rent collection, and maintenance requests, which helps keep everything organized.

Did you collect a pet deposit?

Quote from @Michell Chase: The signed contract states a deposit was collected, so I would make that part of your purchase agreement.

If you have more than one LLC, each LLC should have its own set of accounts.Checking: Collect all income here, then use it to pay bills, the mortgage, or maintenance.

Since I am super new to this, I do have a few questions:By testing the list, do you mean what data am I pulling (absentee owner, tired landlord, etc)Testing my mailer, do you mean trying different messaging?