that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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.

One thing to consider on the credit card option is that a lot of contractors don’t accept them so that could be an issue.

You’re in a strong position with multiple viable options.

However, I am unfamiliar with any lenders having traditional mortgage options for anything with a VIN number such as a trailer.

I’m ideally looking to buy that first property in San Diego.ThanksSounds like you're well positioned.

How many mortgage lenders have you spoken with to get qualified and discuss allowable down payment options?

Once the city gives direction, then start to look at available options and penciling out the numbers to see what makes the most sense.  

She's great and free (sure there is a paid option - Of course).Also, keep in mind that some mentorships are lifelong and have conduct rules.  

Hey BiggerPockets community,I’m in the process of defining my investment strategy, and I’d love to hear from those with more experience.I have enough capital to pursue one of these two paths:1️⃣ Build a Single-Family Home Portfolio: Gradually acquire around 20 SFHs using the BRRRR strategy or focusing on positive cash flow properties.

Seller was not willing to extend contract or accept creative financing options.