: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+, 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, 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.

For turnkey options it can also be a good idea to get ahead of the historical summer peak buyer push and not have to worry about getting a rental launched while most visitors are looking to stay for the night.For properties that require furnishing, the beginning of Spring is the optimal time for out of area or absentee investors to enjoy their property, familiarize themselves with their new home and their community and get operations and supplies dialed in. 

It's why I stress to not rely on historicals, it's very rarely going to tell you what it's going to do.

We have fought for a lifetime to provide investors with a proven, reliable, trusted resource with a proven historical track record.

Reality is few markets have out performed San Diego in residential ROI and no one should be choosing a different market based on historical ROI.  

Call the utility company, share your nightmare with them, and ask for the historical usage needed by your insurance adjuster. 

The safe harbor applies to the modification of a building that is not a historic structure if 75 percent or more of the existing external walls are retained in place as internal or external walls, and 75 percent or more of the existing internal structural framework is retained in place.

Each realtor here backs their market with substantial data, historical trends, and extensive experience.

In low appreciation markets where the return is historically not from appreciation (where appreciation does not noticeable exceed CPI) then it makes more sense to pay down the loan amount to increase the cash flow but there are still better options because F/F home financing (even with the rate increases) is some of the cheapest money options available.  

-Ben, aspiring multifamily house hacker Welcome to what real estate is historically like.