Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Even if it's just part time, the key to figuring out how PM is done well is by being present around people who have mastery of the industry. 

Unfortunately, even though it's only been used for 2 months, the warranty has already expired (90 days for commercial appliances).

Big players like Ford, GM, and even tech companies are betting on Detroit.

NJ is a big one—places like Newark, Paterson, or even smaller towns have better cash flow potential.

There are definitely areas where you could repeat a similar strategy but with even better cash flow.If you’re ever looking at growing your portfolio elsewhere, I come across off-market deals that could align with what you’re looking for.

For on the ground evaluations, I rely on local contacts: agents, contractors, or even property inspectors to provide walkthrough videos and detailed feedback.

And guess what, if your using a proxy thinking that will protect from disclosure as an agent, nope, it doesn't, you have to disclose it even then. 

Even if you rent the house for $2,000 a month, you will still lose because of maintenance, vacancies, and the expensive mistakes common with newer investors.You can borrow up to 70% of the equity.

I would recommend finding a real estate cpa even for one property.