See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

Don't solely rely on third-party management companies; instead, focus on building a solid asset management plan and, if needed, bring in experts or partners who excel in this field.

Any kind of non QM financing will have higher closing costs compared to conventional.

STRs in Non-Traditional MarketsShort-term rentals in areas near universities or event venues are gaining popularity.

Yes I am looking at Ocala, FL due to the fact that the properties they selling are non-HOA.

“Trust the experts.”Why didn’t the inspector say the house wasn’t up to code, even more so than the deck.

Instead, shut off the water to the toilet and place a sign on the door "Art exhibit: Non-functioning bathroom."

I'm just wondering where this confidence comes that you are right, when last December you had just finished your first year in STR's and made $75k and was asking questions about how Airbnb places a property on the first page of search. and a year later you feel yourself to be an expert that knows more than anyone else? 

So, they aren't experts on the law like people might think.

Your thought to move that portfolio out of state (and maybe a retirement move to a non-taxed state) would be very timely right now.