: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.

My first house was expensive , rates were high , it was $51K in 1984 .

Good Sponsors should have a portfolio of properties in different regions, and usually select properties rated Class-A—high quality, newer buildings with top amenities and low vacancy rates.    

Solid cap. rate that hurdles the high watermark currently in place with financing rates, going to cashflow the property in due time.

I moved to Columbus from Florida after graduating high school to continue pursuing my real estate career.

Solid cap. rate that hurdles the high watermark currently in place with financing rates, going to cashflow the property in due time.

When they get off work they just want to drink beer, cook some food, do laundry, take a shower and sleep. 

I want it to be nice, but i'm not flipping a high end home.This is an actual scope of work. 

(I'm trying to buy low and sell high!)

Just make sure that your balance is high enough to preserve equity should the market drop.