There may be some hidden costs, regulations, holding time and costs, etc. that should be put into consideration that are best found from a local expert.

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.

You don't need to be an expert but have some knowledge so when you meet with trades people, you feel comfortable having a conversation with them. 

It can be frustrating for the expert to be told to do things that he believes (and in this case I agree with him) are not n your best interest.Here are some scenarios:- a prospective tenant likes the place in spite of your presence and you like the tenant.  

Tyre,There is a lot that experts on BP can advise but to cover a few of the basics, I would start with a few things.

Expert is, they only know what they know, and there going to push just what they know. 

Focus on understanding market trends, property values, and negotiation tactics.Build a Team: Consider assembling a team of real estate experts, such as a mentor, real estate attorney, accountant, and contractors.

Sounds like I need to see an expert and explain our current and future plans. 

Theoretically you would partner with Kris and his team of "experts" would help you analyze a market, find a property, make offers, etc.

Focus on improvements that attract quality tenants, justify higher rents, and survive use and abuse for the long haul.Our Rochester property management experts have identified the rental property upgrades that consistently pay off in Rochester's competitive market.Why Smart Upgrades Matter for Rochester Property ManagementRochester NY rental properties face unique challenges – from brutal winters that test materials to a competitive market where property management companies must help landlords stand out.