: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+, 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, 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.

Also, do I need to apply for an inactive license before I apply anywhere? 

My goal is to submit a couple of landlord applications by the end of this weekend however I want to be sure I'm applying to the right states.

Don't rush, think it through and make calculated decisions with applied faith!

& @Jacopo Iasiello did y'all use the link to apply?!

I’m still a proponent for obtaining necessary permits as it costs more if caught, are issued a stop work order and have to then apply.  

@Shrikant Kakani anything that cashflows right now, will come with risk.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Additional contingencies should be added to the budget and discounted valuations should be applied in such scenarios. 

The Enemy Method for Estimating Airbnb IncomeTo apply the Enemy Method, an investor needs to find a dozen similar short-term rentals, analyze their daily rates, estimate the occupancy rate, and calculate the Airbnb income

@Joey SabatiniRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.