Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

They also have one sole focus & that is to take care of the property, collect rents & stay on top of every day issues that occur.  

We collect payments through our in-house loan servicing and pay underlying mortgage.  

At my brokerage we are innovation with AI chatbot, data portals and integration of technology to add value to the way people search and sell homes.

This thesis statement was driven by the collective understanding that there are significant rental inventory supply issues in most markets in the country.

I am in Cape May, and we are allowed to do as we wish down here, although the season is a 7-day minimum.You actually stand to do well and have less expenses and wear and tear from multiple turnovers, but those 30-day tenants don't grow on trees, so you are going to want to market hard.Please tell me you aren't relying on AirBnB in NJ - Tenants pay 20-30% more here and you get none of that overage - booking direct saves them that service charge and taxes, so you could actually up your rent and collect more yourself and they'd save $$.

With no experience and little knowledge in real estate, is there a strategy I should consider just to get the ball rolling and collect knowledge?

BP, I've been on a long search for technology and applications that allow me to automate parts of the tenant journey (leads, apt tours, screening, rent collection...).

Building relationships and rapport during property tours can also result in unforeseen rewards, such as sellers leaving equity in the transaction because of the trust and connection formed.Remember, every property tour is an opportunity to collect information that is not available on paper.

Generally speaking an investor collects rental income and signs a lease with a tenant whereas a flipper or developer shows "inventory held for sale" on their books and gets all of their economics derived from a SALE.