Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

Sometimes they take a while to respond to questions, or conditions pop up last minute, leaving buyers scrambling.

( difficulty reselling the unit, and it has a small percentage risk on your health)I would like to know if the value of the condo will decrease overtime and your thoughts about the situation.

You realize purchased last year means it does not meet the conditions in the OBBB for 100% bonus depreciation?

The rent will really depend on the condition of the propety and the time of year.

As long as the big items check out and the numbers still make sense, that’s usually the point where it’s okay to move forward.For the Dayton/Fairborn area, the main things I’ve learned to double check are the condition of the mechanicals and any older electrical or plumbing.

To find the best loan terms, request term sheets from several lenders, these documents contain all the key details you need, such as interest rates, fees, and conditions.

On top of that, VA loans are great for buyers but they aren't always attractive to sellers due to stricter property condition and appraisal requirements than other types of loans and obviously they are not nearly as attractive to the seller as a clean, cash offer would be. 

The ROI is fairly high here as wellBottom line it's all about strategy, location & condition of the homes. 

Even a small drop in ARV can wipe out your margin.Your rehab estimate of $15k–$25k is on the low end for a 4 bed / 3.5 bath property unless it’s already very close to retail condition.