Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Given current interest rates, I don't want to be cashflow negative so I will likely be leaving most if not all of my renovation money in the deal.

Well, there is actually much more (more on that in a sec).Regarding the negativity, I think this has been a healthy discussion and it's great that people bring the negatives.

I have not heard anything negative about his PM services

Step inside and be captivated by the spacious open-concept layout, perfect for entertaining.

I might've misspoke about the negative cash flow.

Don’t listen to dooms day people like DAN H (lol just kidding ) but Dan you are so negative in the forums… you know a lot but there is a way! 

For example for me, CoC does not matter as I buy in A/B areas and I hold long term so I am comfortable knowing even if I have zero a slightly negative CoC to start over the long term it will turn and I will end up with a nice return after many years. 

I don't understand how so many people can live without any concept of a conscious!

@Vernon Welch II most tenants offering to pay their rent upfront are trying to compensate for negative qualification issues.NEVER override your screening process just because someone offers to pay several months upfront!