Additionally, as long as you put 20% down, it typically keeps you safe in terms of cash flow, and then you simply have a couple dozen houses with tenants paying off your mortgages.

: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.

The folks cheerleading that it’s easy or typically the folks that haven’t done much of it themselves.. hopefully that’s a little clearer. just need to do robust SEO  or so thats what I have heard.. all our deals come from Networking .. 

Wholesalers typically do NOT disclose to sellers that they will only close IF they can flip the contract for a greater price - hence the seller thinks they are the end buyer and that they have a “legitimate” buyer on the line2.

Typically you end up putting in a new meter socket, new panels and the new service. 

I've crunched the numbers on a typical 300-400K mortgage and the "break even" on refinance costs and rising rents is about 12-years. 

I'm interested in learning a bit more about typical vacancy percentages, size of the local population being serviced, reasonable percentage of effective gross income for expenses, etc. as well Peter.Hopefully some experienced member(s) will sound off!

Typically what I advise clients is to self manage your first 2-10 units hire your management for 10-100 units and then have the management company scale with you when you get to 100-200 units.

Insurance bookings often pay much more than what you can get from typical Airbnb guests.Yes, use your lease.

Once you’re informed, we typically give tenants a 60-day notice for renewal, along with the new rent amount if there’s an increase.