: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's definitely set up for STRs and not properties that rent out monthly.

I want to build a modular home duplex or four unit an occupied one unit and rent out the others if I was able to find a builder that could do this is that something that I could finance.

I'm not in Oakland right now (wish there was a general "Bay Area" category) but would like to find a 2, 3, or 4- plex that I can live in and rent out either in Oakland or elsewhere in the bay area. 

To get a good rental income, be sure to check who you rent to very well, write a clear rental contract, take a security deposit, make a smooth way to get rent, keep the house in good shape, think about getting landlord insurance, keep talking to your renters, and follow local rules strictly.

Tenants either didn’t give proper notice to move , damages above the amount of the deposit , rents or portions of rents due, etc .

Good management and fresh clean apartments bring top of the market rent to a re-emerging work force ready to serve the warehouse industry in a once great industrial railroad city. 

If you buy a condo in one of these locations and rent it out short-term, does the condo complex usually handle rentals, or do you need to find a manager?

People who weren't able to find student tenants when the new supply came online had to rent to area residents, which may not have fit their model. 

Property management, in general, is not great at renting because they just want to hit the mark and move on.