Lol, that ding dong Pace reached out to me one time to do some video content together...

: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.

It was highly recommended on a BP thread many years ago.I don't do subject-to's, but just be careful. 

I have a home that is an STR in a highly desirable tourist destination.

I am looking for an appreciation and to cover most of my mortgage.Also any tips how much such reno could cost are highly appreciated.thank you

This can get complicated if you are racing against time between getting it sold versus the banks take over.Can you get it sold at a high enough price to pay off the mortgage or is the owner under water?

Clair-Mel: This area offers affordable investment opportunities with high rental demand potential.

Replies are highly thanked. 

I have a home that is an STR in a highly desirable tourist destination.  

My wife and both make a high income for our area and I feel we could save about $100K per year to keep buying.