: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+, 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, 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.

Here is a simple case study of a recent loan:Amount Needed to bring loan current: $18,560Loan Payoff at Purchase: $77,426Acquisition Price: $41,500Property Value: $400,000We acquired this loan in April 2023 as part of a pool of 16 other loans. 

It’s also possible occasionally to find no money down deals but they’re few and far between and you have to be prepared to have a large pool of properties to analyze when using that strategy.

Like so many of you from the dawn of your real estate journey, I'm just trying to be a sponge and get my hands on as much info before dipping my toe in the pool. 

Mario,Discuss with the agents the specifics on the property (ie age of roofs and systems, claim info, pets, pool, etc.) before making any changes. 

@Hal Thompson Yeh, the HOA's got more aggressive since there's a pool of investors buying them.....looking to make money off rents, while trying to delay the eventual bank Foreclosures.

Many people who choose to self direct their retirement funds choose to become a private lender and either go through brokers who pool money together and loan short term to fix and flippers as an example. 

The long-term trend will likely see a rebound though as the need for traveling medical professionals is likely to remain high.AirBNB and VRBO are much more capitalized than FF, and they seem to be making a push to get more market share of the MTR renter pool. 

Each class has different tenant pools, appreciation, turnover rates, etc.

Most people looking to rent 3 or more bedrooms prefer a yard which means your pool of potential renters will be smaller.For SFRs stick with 3 or more bedrooms.