Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

I am also an investor with a couple of rentals and always looking for deals. 

The information contained in this post is not to be relied upon.

The information as to market pricing is too readily available to every seller, so that the advice of 25 years ago - target long term property owners who live out of town and haven’t kept up with the value of their property - is no longer a viable approach.So, what is left?  

•Any tips for maximizing house hacking opportunities in this area?

If tax due is $100k or more maybe the answer is different. 

If that realtor wants to subsequently be my agent for the sale of the lots I buy, I would be fine with that,  but the two activities need not be linked together. 

. - When we've review these options with clients the ending outcome is typically that it's easier to forgo the 121 exclusion if you want to keep this property; and do a cash-out refinance (taking on more debt isn't taxable) instead. 

I'm always looking to add more and more just to possibly make it more comfortable to prompt great ratings.

If I should post in a different forum, or more information is needed, let me know. in columbus if you build multifamily you are entering the market automatically 20-25% below market and you have full control. every property we build we can build so you get 1% rule or better. build to rent development especially direct to builder and bypassing intermediaries like rent to retirement along with well selected land for infill will allow you to scale very quickly.