Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

If tenants controlled themselves and behaved as they should most would probably be OWNERS not renters.

https://treas-secure.state.mi....some things to keep in mind:-Non owner occupied properties pay 18 mils more in taxes in Michigan - Even with the SEV you should plan that the SEV will go up.

On a daily basis I get questions from investors/property owners about the rental rate for their rental property.

A little to learn, a little to be available to help or answer questions.  

Tax Benefits: Rental property owners can deduct expenses like property taxes, insurance, maintenance, and depreciation, which could offset income.

In CA you can rent ADUs but can only rent JADUs as a separate unit if the owner lives on the property.  

Investors only receive a share of the income you actually generate, you will not owe a fixed repayment block.Difference here is that this model is for owners who either don’t want to take on more debt, can’t qualify for the financing they need, or have little time.At best, this is word games. 

That's why you see so much trapped equity in properties owners cannot access. 

It also let's you find out how involved the owners of the company are.8.