Navigating the Surge in Rental Application Fraud: A Guide for Landlords and Property ManagersIn recent years, the rental market has experienced a troubling rise in application fraud.

The other challenge is selling it, there is a smaller buyer pool for hospitality in a small market but that was known going in Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The additions are usually small.Buy focusing on real high value places, you are putting yourself in a narrower guest pool.

We’re not married to any Particular development, but ideally we’re looking for something newer (less than 5 years), detached with a good sized pool (not splash pool) We’ve been looking at 4-5 bedroom homes in Championsgate in the under 600k range.  

So no, tis is a horrible deal for you.Now of course I know nothing about your property (since you provided so little detail) so if this is a huge 5 BR house with pool on a lake somewhere, then you need to adjust my numbers.

The Landlord’s Almanac group in AK.https://www.facebook.com/share/g/14VAQZ1cMp/?

It will be enough for a pool and a yard (think 8K-10K sq ft lot). 

Each grouping had a common room (perhaps it was shared by multiple groupings ... this was a detail I missed) with a nurses/aid workers office.Central to the two sides of the complex were common facilities such as a dining hall, gym {perhaps a pool ... another detail I missed}, theatre &  games room.With one of the fastest growing groups in our society being single people, we are examining a related idea of a  complex / building providing a modest-sized 1-bdroom "apartment" with more semi-private and common amenities.When I read the title to your thread, I thought it was a project proposing to mix students and seniors into a single complex ... and came in thinking, this ought to be interesting :-) 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

So far, we've followed up with the current landlord and they have stated that rent has been paid on time for the couple.