: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.

However, communication issues with Lacey began almost immediately—she took two weeks just to send me a contract and was frequently unresponsive, blaming weather-related issues.She advertised the property as highly profitable, but when I asked for proof, she never provided any.

Quote from @Brian Dolbeare: Hi all, I’m relatively new to real estate investing and I’m struggling with determining accurate market rents in larger markets, like Pittsburgh.

Nashville is a very pocketed city when it comes to neighborhood quality especially in relation to crime rates, overall aesthetics or available amenities.

Also, any tips y'all would give to people who are just starting out, also I am open to other nearby areas where barrier to entry is still relatively low.

Try starting small to get a feel for things without too much pressure.Classes and Workshops: Keep an eye out for construction-related workshops or classes in your area.

We recently found out our lease is void/unenforceable due to some wording in there related to who is responsible to pay for attorney fees. 

There are seven tests, however the most relevant tests for STR investors include:Perform substantially all the work related to the activity.Participate over 500 hours during the tax year.Participate over 100 hours during the tax year and no one else participated more.If your property meets one of the exceptions above AND you meet one of the above tests, you can qualify to treat your rental activity as non-passive.

I have found a tenant that has agreed to a relatively unconventional agreement for my furnished property in a popular vacation location.

Not sure if you need to be licensed to use the service but its worth a peek.You might also consider paying someone else (relative, neighbor, etc.) who is trustworthy and can just open the door for the open houses.