Originally posted by @Erik K.: Thanks for the info Chris.

As a note investor, we rarely if ever originate loans for owner occupied, we would rather buy on secondary market at a discount. 

The installer did not remove the original weights from the original 100 year old windows nor did he insulate the weight shafts which is a must in Northern New Hampshire where temperatures often drop to -20.

Quote from @Jay Chin: You can stick with the original lease, but make sure it covers what you want it to, it complies with current law, you understand it completely, and you are capable of enforcing it.

: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.

I don't read anything negative in the original post aginst newbies.

Originally posted by @Terry Schoen:I used Bob Collett to find me a renter. 

Originally posted by @Vasyl Magura:Looking for some feedback on your East Side Cleveland rental business experience?

@Jeff Rappaport Hi Jeff, I'm originally from the area and still own a condo downtown SLC, but currently live in Washington, DC.

It's been 3 years since this post first originated and am wondering if opinions/thoughts have changed.