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.

I am set to close on it in about two weeks and am slightly nervous about finding a tenant in a good amount of time, given that there are a lot of similar new constructions in the same community that are up for rent but have been sitting on the market for 30-70+ days. 

They started having a guy from a company called Pathways come to these events and get people to put 40k on 4 or 5 credit cards which put them in massive debt and wrecked their credit because of this dishonesty as well as other things said in the three days.2.

There is a decent amount of 6 unit buildings that you'll see in the area, however not many come up for sale very often.

If you need to more than amount per month, you will need to buy more units or buy more than one each year.

As soon as you get below 100% (or whatever the required amount is) they're selling.

Purchase price 125kClosing costs 7k with hard money lenderCleaning $300Closing costs 5k with long term loanrent $1345My PITI 1095Monthly Cash Flow $250Second position lender to cash me out of my 18k left into the deal will get $180 of the cash flow.Zero left into the deal, $70 a month in cash flowSell for $165,000 in 1-3 yearsEstimated profit over a 3 year period of time $30,000 - $35,000Total amount of work 4 hours including writing this post.  

They act as a fiduciary, and they charge a flat transaction fee regardless of investment amount.

Minimum loan amounts vary, but the product we work with most often starts at $500,000.

There is no specific amount of days either that the guidelines call for that you occupy the property.