So I figured that if I could avoid negative cash flow, the other two sources would carry us until rates declined and we could refinance to lower interest expenses.

: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.

In other words, you would get the same rate at 60% LTV that you would at 50% or lower.

Hello, I am selling a property and it has appraised lower than the contacted price by $9,000. 

If you take the lower value areas the only reason people choose to live there is the affordability really.

I was initially looking for a turnkey property but after finding this deal and going down the rabbit hole it has turned into a BRRRR.Property is well priced and seller agreed to lower price after inspection was done and scope of work completed by GC.

Considering the high rates at this time and opportunity to lock in tax free capital gains of 500k, suggest you sell and lower mortgage on your new home 

I agreed to take out an under ground storage tank in exchange for a lower price.

.- Lower down because I can do FHA loan- Probably don't need a property manager because I live here- With the potential rent income vs monthly mortgage price, I am probably breaking even if lucky- Pro tenantJacksonville:- Total cost of home is lower, even though I will have a higher down payment because I am buying it as an investment property- With the potential rent income vs monthly mortgage price, I might make a couple hundred a month... which can eventually be used as a down for another property?

Will give you the ability to buy with lower DP and lower your living costs.