: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.

Explore partnerships or joint ventures with other investors to pool resources and mitigate financial risks.Good luck!

Estimates are way way over $100k in repairs and they claim in the appraisals that you can do a roof, paint, flooring, new ac, pool replacement plus pump and plumbing, 100' fence, new kitchen, remodel 2 baths and all new flooring as well as re plumb the house in a 2200sf house for.... $45k!

When we have investors approach us about a purchasing a condo as an investment, we steer them towards a townhome, preferably with a pool, if their budget permits.

(fill in the blank)... replace the roof, or resurface the pool, or repave the parking lot, or replace an elevator.  

We allowed the place to do needed repairs-water line running under state route 31 was a big project.

For the kitchen and bathrooms, would I need to do EVP for potential water issues? 

Is there a chance the water was on and all the pipes froze and then flooded the place?

no mortgage because i pooled with two other friends. heard that it is difficult to get a conventional loan for LLC. 

One mistake and you can be completely under water.