Considering the amount of time and energy I had invested, I probably could’ve made more working at McDonald’s over that time period.

: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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.

We would want to use it for personal use probably one per year. 

I know @Merritt Harris does STRs in the area...probably MTRs also.

Self managing should be easy, if not then that Realtor can probably help you with the rental side of it. 

Some will probably do fine with it, but the number of spectacular crashes amongst this demographic will be a multiple of the norm. 

Yes this is probably the best strategy for brand new people, but they need to study well and apply (like anything). 

You should probably read what has already been discussed before you make your decision.https://www.biggerpockets.com/forums/79/topics/1001612-pace-... 

And the orginal buyers not only paid the 100k for memberships but 100 to 300k for the lots on top of it.So in my mind those that buoght long ago for not much.. probably just want out of fixed debt those that paid top of market within 6 months of the buidling failure and new rules coming in are going to take a bath..

My 2 cents @Bobby Paquette - if it seems to good to be true, it probably is.