What neighborhood grade is this?

I’m aiming for a single family, 3-4 Bedroom, 1.5-2 bath home in a nice neighborhood with a two car garage for my buy box.

State and local municipalities have an ever-growing demand by non-landlord homeowners to reduce or eradicate STR's in their neighborhoods.

utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshareI think that unique properties like this one will do better over time, i dont know the neighborhood, but i love the view.

Research the neighborhoods you're interested in to identify areas with growth potential, strong rental demand, and favorable appreciation trends.Financial ImpactCash Flow Analysis:Perform a cash flow analysis for both scenarios.

Those who show, I interviews and lease based on answers. my property is in a D neighborhood and most tenants aren’t the best and most won’t submit credit/background checks. 

He ended up keeping it as a rental, but what tipped the scales for him was the rent appreciation potential in his specific neighborhood and the tax benefits of holding onto a property with a great interest rate.

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.

@Saurabh Kukreja we don't recommend investing via zip codes - too broad of an area.We've mapped out all of Metro Detroit and categorized Cities & Neighborhoods by Class A, B, C, & D.We take assisting investors very seriously, just read below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Criteria can include location, population growth, job diversity, amenities, desirability of bedrooms and bathrooms, size, and comparable rents in the neighborhood.