**For context I house hacked for about a year after she passed away but couldn't live in that house anymore and sold it.

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.

For starters, I recommend to begin with a single family home or if you are looking to start locally, do house hacking. 

The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.

This is a 4-bedroom, 2.5-bathroom single family house.

What would be a good actionable for you now is to visit open houses in areas you think you like and starting talking with Listing Agents at those homes.

(No whole house rentals.)

Quote from @Roger Flot: I was reviewing some renovated listings in my area and one indicated that even though the house was originally built in 1920, because of all the renovations bringing the house to current code, that you could get 2024 rates on insurance. 

Hi Delroy,Congrats on your first house hack—what a great start!

In fact, I've managed hundreds of homes, thousands of renters, and I've never run across one.