Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.

If you are interested in Vancouver B.C. try attending a zoom meeting from Mogul Mastermind every last Wednesday of the month.

I recommend a more organic approach of meeting other local investors, genuinely taking an interest in what they're doing, and genuinely trying to help them succeed.

Given your time constraints, you'll want to spend a lot of upfront time figuring this all out, to avoid even more time spent in the future trying to fix a mess if you choose the wrong people to deal with:)PM us if you'd like to discuss more about doing this the right way.

Will definitely try to connect with those who invest in Section 8 properties.

Since you have good income, you should try to maximize equity build rather than cash flow (which you will pay taxes on if you take out of the property to pay yourselves).

I'm trying to get a good enough valuation for the land to earn about 30-35% of the units in exchange for the land equity.

You might try and look locally for portfolio loan or DSCR loan.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

My husband and I want to take the plunge and try our hand at real Estate.