I’m looking to learn about your path to success, challenges you faced, daily responsibilities, and tips for beginners.If you’re willing, I’ve prepared a short set of 15 questions that you can fill out at your convenience, or we could have a quick chat.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

Challenges?

Challenges?

Challenges?

Challenges?

Insurance in both areas can be a challenge if you're working with a broker that is unfamiliar with STR or those specific areas.

But, one of the tenants said they might not make their rent payment on time, which meant technically they both would be late on rent.

If you are looking to build multi-family, its challenging.

The main challenge is that buyer activity tends to slow a bit during the holidays, but the good part is that the buyers who are still looking are usually serious and ready to close fast.