.### The House Hack I Wish I Had TriedIf I could do it all over again, I would have started with house hacking.

In all actuality move in Inspections are a waste of everyone’s time and they are very inefficient.

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.

I use to tear down dozens of homes here and in Franklinton that almost blew over. not a lot in linden since they are built after 1945 and without all the major issues. 

First of all welcome to the BP Community. 

What else if he isn't actively managing the property at all?

Quote from @Cindy Young: Hi All - if anyone has rec'd CPA advice or knowledge regarding my question, thanking you in advance for response.  

We refinished Floors, New paint on all walls and ceilings, new light fixtures, rebuilt entire back deck, painted entire exterior, trimmed large oak trees where branches were hanging over the roof.

Let's assume you accounted for all expenses and have a full $2,400 monthly cash flow.

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