Maybe the premium has to do with how the property is classified by the insurer.

Zillow will show pre-foreclosures marked as blue homes on a map, and I know the classifieds post the legals for the pre-foreclosures and ones going to auction.It's a start.

What percentage of the tenants you have had would you classify as "bad?"

I think it's a little harder to classify entire neighborhoods as B or C etc.

I wouldn't classify getting paid to drive around and jot down addresses to be receiving a commission, rebate, referral fee or finder's fee.  

@Eddy Dumire  why do you classify this as a PIG.. seems like a straight forward distressed asset sale with a unknown tenant in place... risk is tenant totally thrash's the unit you have no recourse since the lease is not in your name. 

Employees are much more likely to be classified as independent contractors, work in the uber-economy, or if they do work for a corporation staying with the same one your whole career is almost unheard of these days. 

I'm not sure that renting rooms classifies as an investment property.  

James I just want people on this board to understand the difference between Code of Ethics from NAR and License Laws enforced by the local commission.State statute codes may or may not have provisions that would be seen as Ethical standards but regardless are classified as license laws.

This would be a generous use of the term, but would be more meaningful than currently without worrying about classifying each and every real estate related activity.Any takers?