I was getting a few from google and other related real estate forms to build my own super comprehensive deal analyzer.

And the fact it can NEVER be used personally, they can’t  provide any services, or allow close relatives to use it, or borrow against it to spend outside of retirement. 

However, most of our insurance-related stays are at least 3 months long (4-6 months on average) and each property we manage has at least 1-3 per year.

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.

Not directly related to the question, but what kind of neighborhood are you buying in- is this some kind of war zone?

What are the best practices for suing a tenant for expenses related to eviction and recovery of costs to clean up after them when they leave a mess?

There are 15,000 fraud rings in the US and about half are housing related.

As such, any track record I would be slightly cynical of full cycle deals, since it was a bull market for most of their existence.I would focus less on this deal and more on how their current deals are performing relative to initial projections. 

Quote from @Basit Siddiqi: I would prioritize the sponsor performance(life of the fund) and experience over cash-flow and depreciation.I would also look to zoom down on the asset class along wtih the region you want to invest in to then determine the fund sponsor you want to go with.Asset class - residential real estate, commercial real estate, data centers, mobile home park, etcregion - north east, south, west, etcThen when you decide on a few sponsors, have a call with their investor relations team to see if the sponsor will decide on getting a cost segregation study.Bes tof luck!

My family’s modest real estate investments helped us survive the economic crisis of the early 2000s with relative stability.