As for properly collateralized performing notes in Vegas I think those are quite safe.

For it to work properly (ie heat the unit), it needs to be kept on in the winter even if she turns it down when she's away or in the evening. 

: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.

Scott's book on estimating rehab costs, it's a must read in this area: https://store.biggerpockets.com/products/the-book-on-estimat...In addition to that, I would check out my article on due diligence.

https://store.biggerpockets.com/products/start-with-strategy?

Windows are part of the floor plans so always make sure you do your proper due diligence.

I want to know if one of my rentals has a massive even that I'm covered, that's worth the going rate on the proper insurance to me.Best of luck!

Your tenants who faced with an already tight household budget may decide to rig the issue instead of fixing it properly.  

More than likely, the loan officer on your file either A) didnt know their own product very well, or B) glossed over this aspect in order to get the loan to closed due to a lack of integrity. 

So will see how that all shakes out for PDX. really the affordable is in Townhouse production by the large production builders thats about as good as it gets..