Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”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.

Typically, FHA lenders look for stable, documented income, which usually comes from employment, self-employment, or other consistent sources.

According to the National Association of Realtors (NAR), the typical down payment for first-time buyers has been between 6% and 9% since 2018.

Many licensed California RE  brokers originate fractionalized loans among those with less cash and/or those who just want to diversify into more deal flow.One drawback is that you won’t have 100 percent control, since decisions are typically deferred to the broker or servicer and follow majority rule.

I did a 15 year on an investment property - most will say do 30 and pay extra, its really a personal decision - if you are financially healthy and have very little risk with the extra payment you get a lower rate so go 20 years, but just recognize that equity is typically trapped in the property.

On the rare occasion I answer, I typically waste their time.

I’d look into a dedicated real estate CRM like Follow Up Boss, LionDesk, or kvCORE.I write a little bit of software, so typically I use my own automation tools.

If so - two questions:(1) How the rental fee is typically structured—is it  double the standard market rent?

Located in a desirable area with strong buyer demand, it offered a rare chance to generate significant profit without the typical risks, costs, or delays that come with most real estate investments.

The other challenge is these are typically cash deals.