Understand the neighborhoods, pricing trends, and rental demand to make informed decisions.Stay Open-Minded: The real estate landscape is constantly changing.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

That's sort of the catch, the larger the building and the more amenities it has, the more rules you will run into. 2-3 story walk-ups in nice neighborhoods could be a good place to start, lower HOA fees too.  

You can set up a call with a representative of their organization in your state.

The area had stalled after the 2008 downturn, but he saw the potential for growth, just like you did.He held onto the property, renting it out and watching the neighborhood gradually come back to life.

I have a 2.625% interest rate and the home is in a desirable, established neighborhood in the city and just a few minute walk to the University of Pacific. 

Whether gained through paid mentorship or an organic relationship, success always leaves clues.

https://www.biggerpockets.com/forums/109/topics/1213369-seek...I'm hoping to go from 0 (doors) to ~20 in about 5 years or so and from what I'm seeing here, it's a promising and likely endeavor with some patience, organization and a good team.TFR :)Fareen

After a couple of years organizing my personal finances and financial literacy, my goal this year is to finish the year in my own home and have 1 rental property.

Build a cash-flow-focused portfolio by targeting affordable markets or neighborhoods with favorable rent-to-price ratios.