Doesn't mean all condo buildings are great, probably 10% are sitting nicely right now and you have to find out which ones are.My major recommendation is get insurance quotes first.

A simple example, is where a major employer in a small town closes up.

I'd say it can be a major hack for a younger person that wants to subsidize mortgage with room mates.

: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+, 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, 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.

And a majority of the parcels being bought are in rural subdivisions that never fully built out they were retirement projects.. think of the movie Glen Gary Glen Ross. 

My CEO gives me a lot of freedom and we have every major (and some minor) DSCR Lenders on board...If you where my client I would price this thing out with 40+ Lenders, my AE's know how I work and help me with this so it can be done in a few business hours.I would love to connect!

It is not indicative of what the majority of investors, in this market or elsewhere, may experience. 

There's a number of people in our STR mastermind that have been working with the Stayfi CEO and COO, to try and resolve the connectivity issues that have been a major problem.

You need to look at each individual property, how old it is, what major repairs have been done and when, and what it will cost to do major repairs. 

A major plus.