: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+, 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, 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.

Historic building with slight cosmetic updates 101,000 gross54,000 NOITwo empty spaces that can be used for laundry or made into another apartment.

But its not a historic appreciaiton market its an up down market.

@Jimmy RojasReturns in real estate have historically matched the stock market - so use that as a reference pointJust like investing in some stocks builds wealth faster - so does real estate and vice versa

Evaluate historical and current vacancy rates, aiming for decreasing trends.Demographics: For younger populations, focus on proximity to parks and schools.

Since you are in NC, historically I would think a simple broker's option contract would work.

Understand the investment strategy, property details, financials (historical & projected), risks, fees, and the sponsor's exit plan.Market Analysis: Is the 95% occupancy sustainable?

I think in this market the buy and hold or BRRR are the best because of the historical above average appreciation growth and the tech and manufacturing jobs moving to the area. 

The city has diverse neighborhoods, ranging from historic homes to more affordable areas, catering to various investment strategies.

Rent growth at or below market historicals, sales price matching current comps/cap rate, etcThats a start.