I am finishing my last semester before moving to Chicago for a full-time job in September. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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.

But I will be honest, the rentals I have been added the last 2 years here in DFW have negative cashflowed.

I don’t mind paying those fees if I can build a solid, long lasting business quickly.I know I can piece together all these things by attending my local REI meetings and making connections there.

I don't remember that legal argument arising in the last couple of cases I was in, so it just may not have been addressed.   

For example, require a minimum FICO score of XXX, gross monthly income X times the rent, and verifiable income for the last X years.

Last year January MN enacted the biggest # of changes all were added details and raised the bar of requirement for Landlords, including some specifically detailing how a listing must be detailed.

Current owner says there weren't impacted the last time it shutdown.

I just spoke with someone at a monthly MTR meet up I host last week who took this course.

We agreed on a discounted amount and Blue Metrix stated in mid September that they were shooting for the second week of October to cash us out but even if they had to do it out of cash that it would be no later than the last day of October.