But if you don't, you can start from basic assumptions.

Best to buy 2-4 unit, live in one, rent the rest.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Maybe it is more aggressive exit assumptions, aggressive rent growth, under forecasting renovation costs, taking on higher risk debt, etc.  

@Joshua DunlapRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

With any deal analysis there will always be some assumptions and every calculator will has slightly different assumptions. 

If my assumption is right on that, I take it that you, or they, reached out to inform the other party of what was happening.

Typical assumption is that security deposit would 100% go to cover property damages - that's the whole nature of the deposit IMO. 

We are going under the assumption we would sell the home after they pass so as to not be seen by siblings as making money off the situation.

@Tanner Sortillo Recommend they first figure out the property Class they want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Desstani R.Recommend you first figure out the property Class you want to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.