A friend of mine scored her dream home last month. 

I've gone through the process of shopping out a loan for the property and it was decided that I'd go with a loan originator who initially told me the interest rate would be anywhere from 5.5-6%.

-I have had some with a Vantage Score number when you run their credit, which is like a credit score. 

: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'm originally from Florida, but started to invest in Columbus, Ohio. 

Because at this point there's no guarantee that you'll get your original principal back out - especially on any deal where they are calling for more capital.

I use it for all of my out of state investorshttps://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code.

My original plan was just to flip this like everything else.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Originally posted by @Jason Fitzwater:Question to all of the ATL investors on this thread:  Why does the proximity of the rental cabin to ATL make a difference for you all?