Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

@Josh AljetsCash flow is great, if you can collect it.

I do have an onsite manager that collects rents and shows the units for discounted rent.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

A refrigerator replacement will cost you $600 whether you are collecting $300/mo or $3,000/mo.  

In order to sell or refinance the home, you will have to pay off the amount owed to the program.People are led to believe they can write off the cost of your payments [principal + interest] on your taxes because they attach the debt to the property tax collected on your home.

The eviction paperwork process should be considered separate from your continued rent collection process.

========Don't cause an unnecessary expensive turn--collect the rent.Good Luck!       

What if they have collections or judgments?

does anyone know if i am supposed to collect rent for the month after a Tennant dies or just give the family a month to get belongings out and not collect rent?