Ive had great success over the last 6 months I've been doing it with consistent bookings. 

Kennesaw city had an eye on us and made us pull permits for putting up dry wall in the basement.

See below for some of our thoughts: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.

It’s great to see you exploring STRs in New England, you’re absolutely on the right track thinking long-term about transitioning from W2 to real estate.

As with any market, there are areas that are not poised for long term appreciation - Sunnyside, South Park, Acres Homes, etc. 

It really comes down to comparing what you give up in tax deferral with what you could gain in real estate benefits, and deciding which mix lines up best with your long-term goals.

How long have you owned it for?

I got Joe's course back in the early 2000s and man was that ever an eye-opener.

Even with the birthrate being what it is and people moving into Illinois for jobs, the state has lost about 500,000 residents in the last 10 years.

.: Quote from @David Lecko: Eric, When did you last use DealMachine?