If I had to pick one factor that predicted the tenants quality it would be credit score.

The title company may also be able to give you the info but they just do their side, the county may be running slower than predicted.

It doesn't matter how the overall market is doing and you don't lose returns because people get scared about BrExit haha), people always need a place to live, it's fairly stable and predictable ( a lot more than the market imo), tax savings, loan paydown, etc..

Thank you Matthew, it seems things are shaping up just as you predicted.

Some sources (namely dupre and scott) predict potential oversupply in the rental market in 2018-2019 for skc and pierce, but a variety of factors could prove that wrong.

But if I could accurately predict the out come of court actions, I'd be very very wealthy.It would also make a big difference if the note holders accepted this along the lines of a short sale....but I understand that not all are agreeing.

I couldn't have predicted the HOA would change.

Quote from @Curtis Brown: If it rents for $2,400 and all your expenses are $2,140 then that leaves you with $260 cash flow and is a good deal.Nobody can predict the future but there's plenty of red flags concerning the economy.

Also, consider what would happen if the market goes through a correction, which many people have been predicting for a couple of years now.

No wait, don’t answer that, i’ll start another thread)Vacancy Buy in markets with strong fundamentals (pop growth, job growth, job diversity) Buy in good quality B class neighborhoods that would maintain renters even in a downturnSave 5% gross rents for vacancySave for inevitable lease up feesRent Prices Drop My numbers predict i could stay in the black even with a 10% drop in rental prices (see example below)Other At time of purchase i set aside 6 months of gross rent in cash, for reservesSample PropertyThis is a sample property is actually more like a higher c class, but i you could move the numbers up higher and see the same thing with a B class SFRPurchase Price: $60,000Closing costs: $4,000Rent $900Vacancy ~ $45(5%)Maintenance ~ $45(5%)Capex ~ $125Op expenses(tax, insurance, lease up, mgmt) ~ $162NOI ~ $522Mortgage: $261Heloc: $68(at current rate) - $160(at highest rate)Cash flow: $193(at current rate) - $101(at highest rate)I'm a little scared to ask this, but better burned on BP then in real life, so here we go.What am i missing or what did i not think of?