In a real estate borrowing context it's most commonly used in construction and bridge debt originated by banks.  

: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.

Eventually we just decided on remodeling the bathroom where the original pipe damage was and leaving everything else be. 

I meet the requirements, which are:1) More than 640 credit score.2) No missed payments3) No second mortgages4) did not use a down payment assistance program to buy the home.Email is below:~Hi Gabriel, It was nice speaking with you.

We can originate in Tennessee and we have a lender that will allow seller financing up to 90% loan to value.

@Glen Michael I've heard Peter Lohmann talk about using NPS scores for their residents and owners, I don't know too much about it, but I think it's a system designed to get a real idea on how they're doing.

We both have 750+ FICO scores.

It gives you a livability score and its a good way to gage different areas and what they are like. 

For example, electrical is original from 1960, there is no central AC - heating it through baseboard heaters

Alternatively, does anyone know of a loan originator who can help me create my own friendly line of credit from one of my LLCs and record the liens?