Especially the fact that good STR are usually in high appreciating area.  

Off market deals usually have nonrefundable deposits and a clunkier process that isn't as suited for out of state people until they have good contacts in the area to evaluate the property (mostly contractors that feel comfortable evaluating projects for you).

Just remember: most negative reviews are written by problematic tenants.

However, as many of you know, most lenders only use 75% of the rental income so from their perspective my cash flow would be actually negative.

Mostly people with minimal RE experience are adding a single ADU and they often make that choice based on cash flow without taking into account the negative equity position.  

I usually start by analyzing data like population growth, job opportunities, and rental demand.

Just remember: most negative reviews are written by problematic tenants.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

It could negatively impact the relationship. 

if there's no major rehab, it usually means you can't buy it at a deep enough discount for a BRRRR to work.