Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

For someone focused on investing vs. traditional sales, look for brokerages with experienced investor teams, mentorship programs and agents active in acquisitions.

Banks hide it in rate, non-banks itemize it.If you’re trying to avoid big upfront costs, portfolio lenders and some DSCR programs can work well, but they tend to trade slightly higher rates for flexibility and speed.Timing matters a lot with a 1031.

There are also purchase and refinance programs for investment loan programs that can help you scale faster and exit your day jobs more quickly as they will allow purchase loans to be structured with AirDNA and refinances to be structured with STR data.

I suggest you look up some people’s journey using the NACA program on YouTube to see others realistic experiences.

I'd love to learn more about your experience within the program.

I requested a formal withdrawal of my application with documentation that it was withdrawn, as it was not an appropriate loan program for me and I was not comfortable moving forward.

Quote from @Patrick Berhan: Hey everyone, I’m looking for some perspective from both property owners and fellow property managers, particularly those operating in high-regulation markets like San Francisco.I’ve been tasked with building and operating an in-house smoke/CO & Habitability inspection program for the units under our management.

Syracuse University and Onondaga Community College have both erected programs to help directly transfer students from college to work for Micron.

You have to physically approach the lock and use the instructions to re-program it.