If it's a Mainstream bank like WF, BofA, Chase they'll likely be most worthwhile on a plain vanilla primary purchase, and provide a good frame of reference as you shop for mortgage options.

A traditional LLC is typically set up in conjunction with a parent Series LLC to act as the Operating Company, or shell company, for the parent Series LLC.

: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.

For a MTR specifically, a keypad lock and deadbolt seems like the best option so theres no turnover of keys 4-5 times a year. 

Two options we offer on early termination:1.

Also, if you know somebody who selected option number three and lost 100% of their money, would you feel bad for them?

I just downloaded June numbers, which typically sets the peak for our metro area and we are up 8% YoY.

You learn what to look for, how to bid, what things typically go for etc.Go to an auction, see how it works, talk to people who are doing it and ask questions after the auction is over or during lunch.

I typically would veer away from claiming its uses but I followed along as they stated to do and the protocol was their VA’s did due diligence.

We’re trying to figure out options and taxes/penalties/etc.