Cash offer do carry weight as they can close quicker, don't need appraisals etc, but as an agent that works with buyer and sellers, I've seen it many times where a seller will pick a different offer due to some connection to the buyer (ex military, young married couple just starting etc) They want to know its NOT going to an investor specifically. 

: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.

That means collecting the last three pay stubs then calling to verify that they do actually work there (stubs are forged so much these days).

Then backout at the last minutes leaving the the homeowner with no other option but homelessness. 

We launched our first STR last fall (2023).

Last on the list is many also "self manage the property", guess what happens if there ever is a lawsuit?

I am learning from all of you, and one day I hope to be a source of wisdom for those who post here.Since I  last posted, I have had two parties sign up on Airbnb for the place, so I am booked till the end of June. 

I have a track record of why it went down with dealing with two broken legs over the last two years with a few surgeries in between and can show proof of all my surgeries etc.

Our Company sold a small none performing 18 unit apartment building in Cal City last year for under $23,000 per door.  

If they want to sell and get their money back they’re out $75k plus real losses.