Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Still not sure what direction I'll go, but STM is definitely on the table - thanks for the insight.Do you think cash flow opportunity changes if you are able to purchase higher priced properties and get good rates/put decent down payments on, or is it just a Denver/high price city issue.

So maybe they didn't have another choice, maybe they had lost their job and couldn't refinance.

It is a critical and fundamental business skill that can help you identify potential risks, liabilities, issues with regulatory compliance, and opportunities associated with your transactions.

But how for newbies like me with no portfolio or track records I spent most of my money on education  now I'm between jobs so it's kind of hard for me to do both.

Airports matter.I would also give up on the whole VA or CRM approach to finding opportunities. 

Groups are choosing large short term rentals over renting multiple hotels rooms when they present a value and experience that is compelling.So the THESIS is that the next 18 months present a unique opportunity to buy into hotel property when the prices are distressed in the short-term but the industry has great long-term trends.What research have you found to support or dispute this thesis?

I currently own a couple multi-family properties that are all LTRs and work a full time 6-figure job, so becoming an RE pro is almost impossible.

There seems to be good value and opportunity in Detroit. 

The final walk through gives you the opportunity to inspect the property before the official sale.