Experience of life dictated by such, and various actors playing out efforts to get theirs. 

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.

“As much as possible” is a negotiation tactic, but early signals suggest another $100 million round is genuinely in play.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

In addition to the notice that is on the back of the application regarding "renting as is, no additional cleaning or repairs without written approval of PM" and other caveats, I also explain the actual process, basic factors for approval, the documentation they need to provide, cost and payment method for application and for move in should they be approved.If they have not followed all of the instructions, people with poor attitude and that are non-compliant are not a protected class  under fair housing, and they may be disqualified.

I also spent a fair amount of time playing sports when I was younger, as well as have had private coaching related to sports training and fitness, so I understand good vs bad coaching.The various RE coaching programs I saw from the oustide-in (via my clients who were in them) were gurus and sharks with questionable experience/expertise who were charging more than $1k/month to basically answer questions via a phone call or offer a monthly/biweekly "mastermind".

**OPERATING COST REALITY CHECK:**- Insurance: +29% YoY (coastal exposure + reinsurance crisis)- Maintenance: +24% (labor + materials)- Property Taxes: +22% (reassessments catching up)- Condo Fees: +45% since 2021 (SB 4-D structural compliance)**MARKET DYNAMICS:**- Luxury ($1M+): 10.2 months inventory, seeing 10% discounts- Single-family: 6.4 months, still climbing 4% annually- Condo/townhome: 12 months inventory (buyer's market forming)**CAP RATE SPREAD:**- Miami core (Brickell/Downtown): 4.7%- Suburban (Doral/Kendall/Homestead): 5.3%- 60bp spread = biggest arbitrage opportunity in years**INVESTOR BEHAVIOR SHIFT:**Seeing capital rotate from luxury spec plays → workforce housing with stable cash flow.

Large lots, green space for a play area, large sheds for extra storage, an outbuilding with a full size washer and dryer, ample room to park a couple cars at each lot, fenced, street lamps at each lot, gated entry for security and privacy, community mail box, etc. etc. 

Even in a C neighborhood, new flooring, paint, light fixtures, even kitchen cabinets, vanities etc. are relatively inexpensive and can be done yourself fairly easily that would probably drive more value than almost anything else early on.Next, I would focus on trying to drive your active income up. 45k is a great starting place but its much easier to double your salary getting into a useful skill like sales than it is to double your investment returns.

Excited to see how things play out for you and looking forward to hearing updates as you work toward that $50k goal.