Everyone has a different perception on the different asset classes.Just depends on how you where born and bread 🤷🏻Someone living in Beverly Hills would call my "B class" a "Z Class" lolI consider B class in Toledo to be as follows:1) Good infrastructure supporting home owner and tenant demand (Schools, colleges, hospitals, medical centers, larger employers, etc...)2) Employed tenants that are sophisticated enough to pay rent online.3) Well kept yards, no bordered up homes, pride of ownership in the community.4) Mix of home owners and investor owned (Leaning more toward home owners)5) Lower crime rates and some upside potential from an appreciation standpoint.6) Entry sub $100,000 with 8-10% net returns on cash investments.Every market has different numbers and cashflow expectations Much success

This is a bummer because if its at the city level than it would mean both properties under HOAs and ones not under HOAs would be affected if they truly enforce this.

It is important to clarify this policy beforehand to ensure consistency and fairness in the application process.In addition to credit scores, other factors to consider when evaluating potential tenants include their income level, employment stability, rental history, criminal background (such as the DUI), and any other relevant information provided in the application.In this particular scenario, the fact that one of the applicants has a credit score below the minimum requirement, as well as a DUI on their record, may raise red flags for some landlords.

: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.

Hey @Corbin Wright, so this site came up earlier and I am a little dubious.Essentially, just because the property is working now, doesn't assure future success.So much goes into creating a successful STR that it can be difficult for those that have never done it to maintain the level of success.They want you to subscribe as well as pay for the "Pro" subscription.

Limited parking can pose challenges, affecting the tenant pool and potentially requiring lower rent.

They're not the best of quality but good for the level of houses I renovate.

When it comes to long-term rentals, enjoy stable income with minimal fuss, although the slower equity growth and lower returns are part of the package.

For example they took on (a) floating-rate debt (instead of fixed rate which was more expensive but safer), (b) short-term debt (cheaper but then they ran into refinancing problems) and (c) high levels of debt (to try to juice projected returns rather than conservative levels which aren't as "exciting" to a certain type of investor).

In my area lower offers are more common but the most I usually see is 5-15% off list price.