: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.

Typically 25%+/- down payment is required.

I didn't find anything that I liked better that would make it worth it for me to change my workflow.  

If you own at Shores of Panama in Panama City Beach, I'd like to ask a few questions about HOA management and revenue in a typical season. 

You have to know it takes effort and a lot of time, play the long game, but it's totally worth it. 

People would often debate whether it was worth it to take depreciation, “Since you have to pay it back anyway…”.

I paid cash $78,000 and put about $35,000 worth of rehab into it, so all in $115k.

You can typically only get one FHA loan, wouldn't it make more sense for you each to get your own loan and own property?

Also worth noting, after some quick searches, there's not really a whole lot of promising properties near me going for that price range.

At $1.86 million, 22757 Charlemont Pl sold at a premium to this typical value.