Also, real builders/experienced developers will often have a true technician, i.e. a civil engineer, architect, real estate attorney et al at least glance at the property info to make sure there are no major red flags.

However I have had to replace some major appliances recently which had put my in the defecate and added to my motivation to sell (Hot water heater, two refrigerates and a washer/dryer).

Rent for Retirement (@Zach Lemaster) specializes in new build surplus from major home builders, many in Texas.

Quote from @Stetson Oates: The vast majority of disputes are over security deposits and the most a landlord could lose is 3x the deposit amount.Slip-and-fall or other major lawsuits almost never happen.

That is, of course, the major problem when you use cap rate.

I am not looking to make major improvements, but I am looking to enter and secure it.

Areas of consideration:- Rehab to Rental- Flip to Public Market- Wholesale (If the deal comes with major equity and ROI incentives)If you are interested in joining the team, please respond below or connect with me through Bigger Pockets.Best regards,Drew Hantla

: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.

This lack of response was a major factor in my decision to seek legal assistance.

A couple months of vacancy, a soft rental economy, or a major expense could eat up your equity.