: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.

For last several years, have done them myself, added the 3rd rental in Q4 2024 others have been rented for last 10-20 years. 

(IF you purchased and lived in property asap, then rented it out, then returned to it it sell it years later - better plan.

After all, you have no evidence they agreed to pay rent or any of the other terms.

A heloc in my view is best used to provide the down payment and rehab funds, rent, REFI, repeat.   

Speaking with the seller's agent, all the tenants are current on rents and pay rents on time.

.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.

You can buy and rent anywhere.

So overdue rent balance.Previous apartment.

In Oregon, how do I decide between renting and buying?