Also consider your strategy and lifestyle.

Build a team of professionals, network with investors, and mitigate risk by screening tenants, having proper insurance, and having reserves.

: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.

If you are still confused that means they did not do a proper job in disclosing all the terms on the loan.

Retired Lifestyle.  

I'd like to properly account for this in my cost for acquisition and ownership for roi use cases.  

It covers their possessions and the lifestyle they desire.

This ensures proper cleaning/sanitation and that the unit is move-in ready. 

A small chip in the bathtub and that’s a fail, window doesn’t open good enough that’s a fail, bedroom door lock doesn’t lock properly that’s a fail.

Very little land available for proper zoning or pricing.Realtor/Owner of property offered to us at $900,000.