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.

;-)I have owned and rented SFH since I was in College (I bought my first home, and then lived in it while collecting rent to pay the mortgage and make cash from my roomies.).

And unlike HOAs most are not going to flat out ban STRs, but rather try to collect taxes/fees from those that want to run them.

Most of them now have some sister entity established so they can collect premiums and then file bankruptcy and leave when events occur.

After 4+ years, my loan and the principal is paid back and I collect ATM distributions for another 3+ years. 

If they still don't budge, then you have to follow through the eviction.For the life of me, I don't understand why so many areas in the country make evictions so onerous on the landlord and the collections of unpaid rent so impossible for landlords.

This company is a scam (now doing business as Poplar Homes) doing the absolute bare minimum to keep collecting fees. 

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.

Do you prefer to have an open "application period" to collect applications and then make a decision based on the "most qualified" or do you take the first qualified, even if on a personal level they put off some red flags.

These borrowers who, in reality, could not actually afford these mortgages and were not financially literate were crushed under the weight of all the debt and forced to file for bankruptcy, while the mortgage brokers and banks collected their fees.