For example in Tampa its younger and a lot of people are fine living next to an STR and they are more likely to be a friend than a foe. 

You can outline this in the lease with clear examples so tenants understand how it works.

Thanks for clarifying that.Your examples for appreciation and depreciation are also helpful.Are there any convincing arguments for buying in all cash? 

It was heartbreaking when we’d send them leases showing rent was $550 from their POS rental after they were under the impression and “getting” $850 month from the “freshly renovated” rental from ocean pointe.

For example a property with a $100,000 door cost and very little capex is going to be a much better deal than a property across the street that is $80,000 per door but has significant deferred maintenance.So the analysis is preliminary and either can be used, but at end of the day you need to deep dive into the entire picture.

In parallel, we want to apply our learning by analyzing deals using, for example, the "ANALYZE DEALS" option on this website.

With this info I can provide you with more information as there are some good programs out there but if you are interested in 2nds for example the really good programs for seller financing may not be as ideal as one catered towards seconds as an example.

@James Mc Ree the example I mentioned above was for a 1st position note. 

In Detroit, for example, I like to focus on strong C-class areas where Section 8 demand is high, but I still get some quality control over tenants.What’s the process like for becoming a Section 8 landlord?

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.