Theyve done a great job with our units in the past but currently we are unable to rent almost any 1 bedroom units.

: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.

I got the current owners (person who is selling me the property) blessing to post the house for rent right now with a move in date of August 1st if I wanted to. 

I am renting a room and leaving in the property for 18 month after that I am going to rent the property.

First question is if I have someone who is planning to rent out a room in the house and have a signed lease agreement can this be used towards the income to purchase the house?

In my current analysis, I'm (trying to) take that into account during our "move out event", including converting to a conventional loan, renting out both units, etc.

Some cities, you send in your rent 2 days late and you might as well include the late fee.

Hi BiggerPockets Team,I have a tenant which hasn't paid rent for sometime and has damaged the property and local legalaid attorneys are helping the tenant by throwing the kitchen sink at me by false accusations :) Do you have recommendation for Eviction Lawyers in the area who I can talk to get advise and representation?

I have no idea what a short term rate would be for you, but just to put it in comparison - if you rented your place for $50/night - that's a maximum potential income of $1,500/month.  

The key is to ensure it will cash flow once you leave a year later with all the units rented.