There are lenders that don’t have seasoning requirements if you’ve completed rehab, but they typically have a $75-$100k min loan amount.

: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.

Wormald I think usually hires in house sales agents but they are typically licensed with a brokerage.

Typically there is a yearly registration or landlord license the municipality charges a fee for and they collect info about the property and who is living there. 

The purpose of my post was to paint a typical archetype, and what I thought was the best move for that particular type of person. 

For a little more background we have a valid STR permit from the city we are operating in and the R1 zoning (single family residential) allows for STR use if you have a permit.

Thank you.My favorite areas for NE is Rocky River, Lakewood, Shaker Heights, Wadsworth, Fairlawn, and certain areas of ClevelandColumbus I typically stick to Grove City, Hilliard, Reynoldsburg, and a few areas north of Polaris in Deleware county.Happy hunting

: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.

Typically, I would want at least and 8% return on cash, or higher if leveraged.  

It can happen sometimes but its typically going to be harder to get than a fresh hard money on a buy/rehab and you'll likely have to pay up fees/high rate