This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.

It earned about $35K a year, which combined with is retirement and social security benefits, provided him with top shelf top shelf living facilities - assisted living and then memory care.  

Option A (continue renting) offers stable, inflation-protected income and potential appreciation, but managing the property may impact your retirement comfort.

I have no debt, a good stable job making about $60k+ gross, and $20k saved up with about $10k in my 401k that I'm thinking about using some if not all of it towards the closing costs of the home I want to buy.

Focus on stable, low-maintenance properties in B-class neighborhoods and hire property managers to reduce complexity.

Most homes have stucco exteriors, which are also relatively low maintenance compared to areas where wood and siding are common. 6) Stable and steady housing market.

You do potentially get more stable tenants in some far suburbs due to better schools but the rents typically dont proportionately match the higher prices. 

@Sunny ChenThe Indiana market offers stable cash flow and moderate appreciation, but has limitations such as slower appreciation and limited diversification.

While it doesn't meet the 1% rule it's in a stable, desirable area that'll perform more consistently for you over time so it's worth the tradeoff in my opinion.

It’s a stable, hands-on way to start and learn property management basics.House Hacking: Live in a multi-unit property and rent out other units or rent out rooms.