And we rarely need to use them.Tenants sign and initial each page of the condition report at signing, we quickly go through the property and let them take as long as they want.Ideally at move out they would sign the condition report, but this is nor normally done. 

So you'll see a higher overall income per household because the household size grew relative to the price point.

If you want to fill your property with residents sourced from the companies above, imagine being the overworked, relatively low-level employee tasked with finding the appropriate housing ASAP.

: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.

They are always on top of maintenance and communicating any issue regarding the property and they have streamlined the process so that it’s relatively easy and quick the purchase. 

If you're not sure what the fuss is all about, read this older post first:https://www.biggerpockets.com/forums/51/topics/1122635-the-s...Today, we're discussing a very specific question related to STRs: Can you buy an STR in December and still catch all the tax benefits of the so-called STR loophole?

Quote from @V.G Jason: Brandon Turner's advice is old, outdated, and for the most part not relative to today's market.

I'll add to what @Sergey Tkachev has posted, with links to the meetup pages for these events.Here is a list of meetups that we're in collaboration with (they are all based on an abundance mindset that we have here on BP)- 1st Tuesday - REI Connect @ Roseville Meetup (reach out to @Nicole Masters) Meetup Link - 3rd Wednesday - Investor Mixer @ Crawdads on the River and sometimes @ Barwest Midtown.

I agree with the majority: the wisest move is to live in an affordable market where your dollar will go 3x as far.I didn't give any advice, I just laid out a viewpoint.To address your point, does it matter how much the PITI is, or how much the PITI is relative to the property income?

The reports are 40-90 pages long and go through the entire house in great detail.Get an appraisal.