It also depends on the complexity of your flip and how your bookkeeping has been for expenses.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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.

Be sure you are comfortable with the math and know exactly how much you should be getting depending on how the property performs at different levels.  

So I get this referral from a relative about a tenant who has good credit score, no criminal history, and a good paying job.

Depending on how much money you're willing to pay, it might make more financial sense to use another platform.

So many times the address is wrong and at the sale the person running it will state....the address is a courtesy, we're selling the legal description, don't depend on the address.   

Depends on what you're trying to accomplish. 

In absolutely no way would I ever depend on such a broad analysis to ultimately determine my decision.

This will depend on what kind of loan you choose to proceed with.

Debt analysis, the profit grossly changed from $21,836 to -$3,559 depending on the cost of Debt and the length of time to exit.