The guests are horrible, the expenses are very high, and the ROI is awful.

: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.

That's going to be tough in a high price, higher interest marketplace.

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.

The pipe bursting caused extensive water damage to the second and first floors and about 4 inches of flooding in the basement. 

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

I believe the biggest arguments against Portsmouth are the high local taxes and of course the crime.

There’s major renovations that would need to happen over time like new kitchen remodels in a few of the units as well as maybe replace one of the hot water units and one of the boilers.

It appears to have settled in Georgiawhere the Atlanta Journal Constitution revealed that they took to increasing rent to “as much as $2,000 a monthfor a three-bedroom apartment that previously rented for hundreds of dollars less”.Tides Equity landed in hot water earlier in 2023 when it announced the possibility of a capital raise from itsequity partners.