Hi Keleisha, I have ran into this problem often with many of my clients.

Conduct thorough due diligence since REOs are often sold as-is with potential issues.

Homes built before 1978 often contain lead-based paint, which poses serious health risks, particularly to children and pregnant women.

Never been through a downturn, operators ( myself included) often can't see what's right in front of them before the tide is obvious. c.

He talks on BP quite often about the BRRRR deals he does in Memphis. 

We get commercial financing through small regional banks who often require us to make rent deposits as a condition of our loan agreement so we 'choose' whichever bank gives us financing.

Late paying tenants are often average tenants.

When it comes to cash-out refi, lenders will look at the new appraised value rather than your purchase price, but they often want to see a bit more seasoning—usually 6-12 months ownership.

Rentometer is fair as an aggregate, but often misreads the market in high rental areas or very suburban markets where there aren't a ton of rental options.You should be able to be within $200/month using MLS data which is not all on Zillow because the syndication of rental data is way less than sales data.

Vinyl is pretty stable but the wood underneath isn't - especially if your climate changes often and drastically, or moves a lot.