It's relatively easy to look at comparable properties on airbnb with the same bed/bath, general condition, and location and click around their calendar to get a sense of what they're making in bookings each month.

I am a relative newbie when it comes to real estate investing. 

While its true that mortgage rates don't correspond directly to the fed rate, I think its still somewhat related. 

I really want to be successful, but whenever I try to do anything related to my career—like investing or researching, especially in wholesaling—I get hit with a wave of anxiety.

Many of my relatives have been born, lived and died in that house over the past couple centuries, and everyone who's been there that's sensitive to ghost activity has told us it's haunted.

You're right but $40-65k is still relatively cheap when you're just looking to buy something out right in cash without having to use a loan at all when that amount is probably your average downpayment for something around $200k for a duplex in other neighborhoods. 

Also, we can be relatively sure that they won't overstay without permission, as we tend to be fully rented for a year or more out, sequentially to 3-4 separate individuals.

Hey Karina - I can totally relate to your sentiments re: bookkeeping!

Congrats on the new MTR operation.I don't like the idea of putting in what may be a relatively high-cost and low-return piece of equipment in your unit. 

: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.