A garbage disposal should be on a separate circuit, as they can draw a pretty decent Amp load.

Hey Diego, I started wholesaling a long time ago by doing direct mail marketing and had decent success doing that.

Someone that is more aggressive, may want lesser even though skin in the game.

: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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.

You should definitely be able to find decent multifamily properties for under $200k, and multifamily would be my suggestion for starting out if you can swing a larger down payment (depending on loan type, you MAY need 10% more for a multifamily vs a single family, but not always).

I have a decent amount of property managers that I really trust and can refer you to them! 

Some may say they can pay down the principal more aggressively with cash flow, but reserves are necessary in this asset class because Capex disproportionally impacts these lower priced SFH's and ordinary repairs can easily wipe out months of cash flow. 

Decent amount of flippers.I'm a member of both and find unique value in each.

We typically look for decent properties that are likely at the bottom of some bigger investor's portfolio.

Assuming we get a decent tenant in there, I'm happy with the deal and will be looking to do it again next winter. :) Full steam ahead!