this is why investors should try to achieve paid for real estate  small number of grade b or A homes leads to the lifestyle pretty much everyone on BP wants.. no work and cash flow :)  Good job Bill

Eventually cash neutral Is achieved but how long will it take and is there any of that sweat equity still present?

Have you check Resiclub data about inventory ?

So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.

If it takes 6months to evict vs 1 with each eviction you lose more rent.Appreciation is harder, but take a data driven approach.

Any valuation must evaluate the expected value after value add as well as the risks in achieving that valuation.  

@Zach Kirchoff I second @Jay Hinrichs in being impressed at your achieving a $350k LOC, that is not an easy feat in that industry segment what so ever. 

I believe it is more work than a rehab but with a rehab I can brrrr and potentially achieve infinite return

I have begun reading David Greene's Long-Term Real Estate Investing to ensure I do this properly.What types of data should I be looking at before choosing a market for mid-term rentals?

Finding good deals is a numbers game, if you submit 50 offers, you will eventually find a good deal.The above habits helped me achieve a level of investing I truly did not think is possible.