@Steven RossiBaltimore is a strong market for single-family rentals, offering affordability, high rental demand, and value-add opportunities.

Some can be very high.

Most high growth markets like Indianapolis or Columbus won't hit 1% rules in good areas.

Orlando’s solid too, but competition’s high, and some areas lean on tourism.

I know when i travel to hotels ( which is almost every month) I check for coffee pods and will choose hotel that has them  then i bring my own pods LOL  unless its a real high end hotel and they have the ultra coffee makers  do your cleaners know how to clean the water repository on a Keurig?

-What’s particularly concerning is that poor tenant placement and high eviction rates don’t significantly hurt FPM’s bottom line.

Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

Property values soared high in this town since past 7 years.

Flipping is high risk and high reward.

I will address why I used the words "can be" near the end of the post.Value add: I completed 3 rehabs in the last year but the one I will use to make my point is a property in a very high cost area.