Class B typically cashflows from purchase or within a year or so.Class C typically cashflow well from purchase, but has tenant performance challenges.Read copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

This is why most double closings are performed illegally, not because the double close portion is illegal, but wholesalers tend to circumvent licensing requirements to make a buck.Just as there are legal ways to drive and operate a vehicle, there are illegal ways to do the same. 

The party you’re in contract with has not performed, refer to any contractural obligations you have with wholesaler.  

My question for you experienced investors are what programs are you using to find tenants, perform background checks, and create leases as I do not want to hire a property manager off the rip.

You would hand that check to the lawyer who is performing the auction in exchange for a bidding number. 

When rent vs buy influencers like Remit lay out their case for renting, I always raise my hand and say how about the hybrid of househacking.  

In my market, buyers are looking for about 12% or more in gross rental income relative to purchase price, so if you have a $500K property that's only doing $40K/yr under the current management, don't post rental history (though most buyers will ask for it, so be prepared to explain why it's performing the way it is).Also, network with agents who specialize in STRs. 

I would recommend having an inspection performed.  

DO NOT chase business by lowering prices, performing service for which you are not compensated at your desired rate of income, giving away consulting advice to people who will likely shop price, or accept any piece of business outside your field of expertise.4.

It has been performing very smoothly, zero unexpected expenses + having the rent steadily in my account every month.