Interesting article.

@Ricardo DiazRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location/neighborhoods to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

Check out this chart: 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 CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.

DM me if you want more details on that and I will be happy to send you information. 

My thought if you are sure you are going to complete all classes and pass the test, then you can do it all at the simultaneiously and get started ealier than doing them one step at a time.I guess if you are in HI, check with the Hawaii Real Estate Commission or whoever issues licenses.Hopefully this is not you, but on our state website they have pass rates by school. 

If you have tenants move out, you will have vacancy. 

@Neha MulkarTwo basic Options:1) Conventional Financing: FNMA, FHLMC, FHA, VA, uses your credit score, income & debts to qualify.2) DSCR Financing: uses your credit score, property income to qualify.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location/neighborhoods to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

I use the biggerpockets credit check.

That’s what this article is all about.

Quote from @Rachel Seymour-Newton: Hi everyone,So I just got my first application from a couple with a kid for my rental and the background check shows that the male that applied has a felony from 2021 (stealing a firearm).