I know that this is a personal flaw and that I should go for it if it makes sense to me after doing my own research, however, I can't help but think that it may not work out the way I believe it could based on all of the negative sentiment I have received from family and friends.

: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.

Property management takes typically 8-10% of the rent off the top, but it allows you to purchase properties in other states that are more affordable.

Do you guys typically structure your deals with seller financing instead?   

If it’s a local organization, they typically act as the case worker for the tenant to get assistance.

I finds that, after I list my house, I often receive some applications and the applicants don’t even see the house.

You can read all the book and receive all the mentorship, but nothing beats real experience.

Typically, builders come back after a year and do touch ups after settling.

The stairs in the alleyway, kitchen, floors need to be redone along with the typical drywall, paint work.

The ones where the CoC is decent, are the ones getting lots of attention and multiple offers, typically going for above asking price.