I use niche website.

Any recommendations for a website that has worked well for running Credit and Background checks? 

Build a real estate network, evaluate potential properties, and use the 50% rule to ensure they cover your mortgage and leave positive cash flow.Good luck!

This creates a negative initial position.

You put RTO in it, they destroy the house, and then you're in a worse position 3-4-5 years from now when there is little appreciation and the house is destroyed.

: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.

The list may be on Michigan state Housing Development Authority website.

I remain positive that everything will work out!

Wondering if they are as effective as the website indicates? 

If you want appreciation, identify markets with expanding industries, positive growth trends, and bright economic forecasts.