Can usually allot 5-10% vacancy factor and same for maintenance.Class B usually also okay, but needs more attention from owner and/or PMC.

Buy something in class B neighborhood or emerging class C neighborhood with higher cash upfront low leverage to ensure you have enough cashflow in worst case scenario and see how it performs.

@Mark WalkerCap rates vary by asset class (A, B, C, D), condition, and vintage of the asset and the market, to name a few things. 

The only reason you are losing money is because you (a) haven't increased rent rates, or (b) cashed out your equity and increased your expenses.The average home in your market was $400,000 20 years ago. 

I used to take QuickPay but the issue is that they can partial rent and extend their stay without rent b/c I couldn't process the eviction b/c of partial rent..

With that said, we will still file the 1031 declaration form and 8288-B form with our CPA in hopes that the certificate gets back in time before closing. 

Do you and your partner have the same idea about what a B class area or a C class area looks like?

I live in Los Angeles and have been investing in St Louis for the past 2 years, amassing 14 doors in A & B-class neighborhoods.

Quote from @Franc B.: Quote from @JD Martin: Quote from @Franc B.: Hi BPs,We have a rental in Georgia that has a washer dryer hookup.

One guy left his nail gun in the alley and it walked off, but I've seen that happen in A-B neighborhoods too.