Better unit mix (I know the total rents would be lower but for resale)2.

We had a couple properties that the appraisal come back lower than we thought so that killed the refinance.

Hi, if I have an existing contract with a voucher tenant and want to request a rent increase, what should I keep in mind that would cause the reasonableness rent to be lower? 

: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.

Even though the rate is lower the equity usually allows for the cash out and without hurting the cash flow and overall NOI.The 3 plex would more than likely be your best option with the Condo coming in 2nd place depending on when you closed.

There are pros and cons to long term and short term from a rental management side, and purchase/acquisition.Long term = lower vacancy, lower expenses, potentially lower revenueShort Term = higher vacancy, higher expenses, potential for higher revenue, financing is more expensive than long term rentalsWatch out for local STR regulations, they vary from city to city.

We opted for the FHA so we could get into it with a lower down payment. 

My friend has a condo and the current price is still lower than when he bought years back.

If you’re okay saving separately, it may lower personal risk.

Older assets, and lower incomes.