: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.

I think it's a long shot, but looking for any possible ideas...

We are structuring this as an actual mastermind that shares ideas an avenues for growth.

After more than 18 years Buying, Rehabbing and selling (flipping) or Refinancing and Renting, I spent a year working with a builder who built and sold or held more than 100 homes a year.While I knew he had a 14,000 square foot home and was clearly doing well, I had no idea that he averaged $100k per home.  

NO idea what price points, location etc.

Setup properly from the get-go, it may have been a better solution.

The idea is buy a property as a long term investment..Looking at houses in 500-550K range.

@Karim Baker I highly recommend getting 3-5 quotes, that's the best way to get a good idea of budget.

Pros and cons to this idea?

I think it's a long shot, but looking for any possible ideas...