As someone who spends a majority of time at work, I'm currently in the exploration phase of understanding the real estate landscape, particularly the BRRRR strategy, and how it might fit into my lifestyle and commitments.1.

Looking at new builds (brand new or recent), vetted for major repairs (there will be none presumably, some have a builders' warranty), that I will potentially own for 10-ish years. 

I've witnessed several "historic" buildings try the residential above and office/retail below and have major tenancy issues.

: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.

Let me investigate a house with your local agent and take photos of the major systems BEFORE YOU MAKE AN OFFER.

: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+, 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, 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.

Is it near major feeder cities?

Would I invest in an in-fill strip center on a major retail corridor with signalized access and strong incomes?  

Knowing this on the front end limits any exposure to major fluctuations on deal terms once submitted.

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