Buy a Class C or D Property or Wait

[Robert Murphy]

I'm looking to buy my first buy & hold property. My question is whether I should go ahead and buy a Class C or D property now, knowing it'll be more work, or hold and save more until I can buy more of a Class B property. My thought is that if I can get a property with some sort of cash flow, even if it's more work, I'll get both a cash flow going and a major education into landlording, then I can upgrade down to the line to a Class A or B. There's also less up-front financial risk and there's the possibility of it turning into a 'lotto ticket' property. Thanks in advance for your feedback!