and that is directly related to the kind of experience you have.2- The quality of the deal.

Granted, it's a much lower quality tenant pool. 

And I've also read that FHA will have requirements as far as the quality of condition the property needs to be in.

My end game is to generate ~10k a month in passive income to give me the same quality of life I have now, but to free up my time so I can pursue my life purpose.

He said since my home is only 10 years old and the quality of renter that is going to pay the fee that this place is going to cost to lease I should have no real problems.  

Winter is always the hardest time to rent quality higher rent apts and homes.Good tenants with clean records and good debt to income ratios are already in decent places to live hunkered down for the cold winter.The place will probably sit empty till May unless you offer free rent and/or reduced deposits to entice good tenants into leaving their current places and moving to yours in the middle of winter.

In a B-/Cish neighborhood, having a high quality rental will bring in the type of people I can relate to the most.  

I've browsed your forums for a few weeks and it seems you have some quality information--I hope that this will finally get me into the trenches as a principal in RE (outside of REIT investing and helping to broker a REPE deal while I worked at one of the big investment banks).Goal: ~15-20 unit Multifamily value add (likely hold) in WA State; likely urban infill class C/C-; 20%-30% down on a total deal between $600k-$1.5mmProblem: I have been working in Singapore as a C-suite exec at a software startup for the past two years (offices in Singapore and Manila), but recently resigned and will be moving back to good 'ole America (Seattle) on March 1.

Yeah, the quality of tenants and theft are big concerns too, as I heard in many episodes of BP podcast about these problems.

Where your CF/ appreciation is balanced and tenant quality is minimal headache.