This approach can help balance risk while keeping your tenant pool wider. 

A better approach might be to find a REI Association in the area(s) and ask other investors for their recommendations - it's not uncommon to choose a different appraiser depending on the type of property (residential vs commercial MFH vs. office or industrial) and the objective of the appraisal.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

This "house hacking" approach lets you live in one unit while renting the others, helping cover your mortgage and build equity more affordably.

If you plan to house hack, I recommend you not to expect any cash flow.Living with friends can work, but it's important to approach it carefully.

As an active cyclist and triathlete, I am looking at places that are cycling and outdoor sports destinations to cater a rental to athletes.

If you have the time and want to take a more hands-on approach, I’d recommend looking into the BRRRR strategy or flipping properties.

It is important (and a huge advantage) to be able to anticipate interstate migration patterns before they happen :-)I am just opposed to the 'sky is falling' approach....not even saying you were going there.....but lots of people do just that.Other than that, interesting topic....

Investing in syndications is a team sport. 

Figure that out and approach your partner with the goal of education and discussion rather than argument.