It provides an opportunity to see what's happening in the units.You still have the ability to evict for lease violations, but your less likely to face non-payment issues. 

: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.

I remember years ago our attorney reviewing one such issue for a client that was coming over to us. 

Major brands like Ritz Carlton and Waldorf Astoria are currently developing property there, where they have traditionally developed in Miami, Fort Laud, and Palm Beach. 

And does your lender have any issues with Delta?

Conveniently located near major routes, this property blends modern amenities with rural charm close to Etna Pond.

Live way below your means and save the majority of your income.

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.

I'll be looking for long term rentals that don't need any major repairs initially. 

With hardwork and ceasing opportunities we've managed to be part of this major asset and making it even better.