Because the Property Class dictates the Class of the tenant pool that the property will attract.The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Class and Tenant Class will affect what type of contractors, handymen and property management companies you should target and be willing to deal with a property.The Property Class will also impact the maintenance & renovations you do to,, “Maintain to the Neighborhood”.Why is that important?

Most investors focus on “price,” but smart investors focus on structure.A $10,000 discount looks nice on paper—but the impact on your monthly cash flow, debt service coverage ratio (DSCR), and approval odds can be underwhelming compared to the same amount in seller credits.Here’s why:A $10k price reduction might save you around $60 per month on a standard 30-year fixed loan.A $10k seller credit, used to buy down your rate, could reduce your payment by $140 per month or more.That’s more than double the savings—and it improves your property’s DSCR, which can be the difference between getting approved or not.In a world where every fraction of a percent matters, understanding how to allocate negotiation dollars is a hidden superpower.

It’s crazy how small tweaks make such a big impact.

Per industry stats, one of the biggest negative impacts on tenant retention is slow maintenance.Maybe focus on that...

I can only imagine MAYBE if you've had accidents in the past that would impact your quote but thats insane. 

Look up Assembly bill 968 & become well versed on it's benefits/drawbacks.Throughly understand El Dorado counties TIM fee (formerly known as TIF fee) & how it impacts your underwriting.For dispositions keep in mind your buyers pool will be affected by fire insurance the further up the western slope the house sits.Have a well formulated exit strategy in case the dispo is slow, which may tie up capital for a while.Don't overleverage as transactional volume is a bit low currently.

I’ve been thinking a lot about how to improve not just in day-to-day management, but also in staying aware of market trends and any new regulations that could impact operations or cash flow.Curious what others are focusing on lately.

Are there any national or multi-state property management companies you’ve noticed making an impact lately?

I’ve been working in recovery housing since 2016, and I’ve seen firsthand how stable and impactful these homes can be.

With a true home run, it should be easy to go back to the bank for a revised loan amount to cover the roof replacement and should have negligible impact on the property's performance.