I rent properties just outside of base and have had a good amount of success with it. 

I guess I'm asking does it really matter which one we start out with first or am I overthinking this process after intaking vast amounts of information.

The long term rental will probably have the best interest rate and highest cash out amount if you are looking to do so.

Longevity in the property is where the reality comes into play.If you have a resident renting for 12 months and they pay the whole amount but move out, you will have to repair the property back to that top-of-the-market $800 range to be competitive.

Hi yes thank you , I’d love to venture in first home purchase seller financing house hack possible fix n flip n long term hold 

They put a immense amount if pressure for you to complete a subjective homework assignment so they can ultimately get you to pay $25,000 the day of the call.

Even though, I wanted to get the experience of going through a fix and flip, but not at a cost of losing the funds.  

I use a PM because…I don’t want to get sued for a fair housing violationI don’t have time to keep up on law changesI have no real idea of what a property could rent for compared to someone with 1000+ rentals under management.I’m too nice to charge late fees, or increase rent maximum amount each year. 

: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.

Market Rents for City- I talk about these a decent amount lol.