: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.

The extra hassle isn't often worth the false belief that rent is guaranteed.  

Louis County or the Metro East, but I came up with zilch for Jefferson County.Northern JeffCo is pretty typical suburbia, but it then turns semi-rural very quickly as you get away from the 270 belt and seems to be quite different from St.

Let's say your seller bought the condo for $75,000 back in 1993, and today it's worth $300,000 - completely fictitious numbers - but go with it...Where I live (in Florida) there is a cap on how much the government can raise your property taxes a year... it's like 3.5% a year of the assessed value.  

Worth area is a great place to invest.

I couldn’t justify spending $50k on a roof of a building that’s only worth $65k.

If it’s worth it as a long-term rental or there’s good appreciation in neighborhood, may be worth the risk of moving forward with back-up plan to sell or long-term rental if HOA restricts ADU or STR in future.

Typically underwriters find it hard to believe that a person will downsize and actually move in to a duplex.

John - I believe the appraiser will typically defer to "closer" properties relative to others as along as the sales are within 6-12 months.

Is it even worth it to do an inspection without utilities on?