I met this real estate agent on facebook, seems very active within the real estate community in that particular area based on the posts she's engaged with. 

Appreciate your post. 

Many good resources here and forum post for new investors. 

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.

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

Or is it a hard money then DSCR post?

Visit FinCEN’s website for filing details.This post does not create a CPA-Client relationship.

He's going to try posting with a real estate agent for 90 days and see how that goes. 

This post is spot on—those critical dates can make or break a deal.

Not legal advice though ^^ I'm mostly reading and posting to learn.