: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, 1-3 years for positive cashflow, 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, immediate cashflow and at the lower end of relative rent & value appreciation.

@Derek Heinz you might be better off finding a major fixer-upper, getting a hard money loan (HML) to acquire it. 

Until that happens, enjoy major cash flow. 

BUT, know it's overkill for the vast majority of persons.

Let me know if you want to know more about Breinigsville( great place to invest Btw- neighborhood with great school and close proximity to major landmarks) Hello i am looking to invest in the Allentown market lets connect.

Mix of 10 tenants but 2 of them being major franchises with 10+ year (with renewable) leases in place..

Outside we had trees taken down that were going to cause major future problems with the roof, gutters and the view.

Also, from what I read in Bloomberg, midterm rentals near major hospitals can sometime command a decent premium.. especially if they include some nice furnishings.Little Tweaks Count: Even minor upgrades, like new door locks or a fresh coat of paint, can help you justify a stronger rent.Driving for Dollars & Networking..

However, it is an old home and you are thinking about major cosmetic upgrades too.    

what are some other major red flag questions you might ask?