Aim for a 620+ credit score, save for a down payment, and research markets with strong rental demand.

First, don't use REI Reply, it's just a white-labelled/private-agency version of GoHighLevel (the actual provider of the CRM) that they just mark up and charge you extra for everything you do (every text, email, etc is 2-10x more expensive than just linking twilio/mailgun to your GHL account, etc).With that out of the way, you can get to making workflows.

In the times I have seen it, it has been due to the borrower saying they have like a 720 credit score and it comes back a lot lower, or the financials of the deal are not what was represented. 

To this day, Jorge Newbery and AHP Servicing, LLC have not deposited any funds into the Court’s registry"Only providing the above information based on what was last available in public record and not providing an opinion on whether the above statement is true or false - just providing an excerpt from this link: WAWD CM/ECF Version 1.7.0.2 (uscourts.gov)

: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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.

Eventually the amount you invest will start to grow and the cash flow accelerates quickly and that's why it's a snowball.There is more than diversification that can go into risk mitigation even within prosper you can look at things like credit score, delinquencies, debt to income ratio, and much more.I'm not here to convince anyone, just would like to share my experience and help to answer questions. 

But it's extremely common here for new folks to come on BP with broad stroke questions, without realizing the forum is a searchable database of scores of common questions with a plethora of answers already posted.Mike

TurboTenant only provides eSign with the Premium version but it meets t$12.42/mo.

Borrowers in certain states or with high credit scores may qualify for  80% cash-out , but it’s important to weigh the pros and cons.

I have $80k liquid in CDs and savings accounts in the bank and a credit score between 760 - 780.