Indy's' Best C-Class Neighborhoods

[Melissa Fourie]

Happy New Year Everyone!

I trust you had a wonderful New Year's Eve and thoroughly enjoying their New years Day. I am wondering if anyone is investing in C-Class neighborhoods in Indianapolis? In particular, I am curious about whether this could be a viable strategy, and of course, it would be interesting to learn which neighborhoods would be best suited for a C-Class investment strategy. I am thinking that in order to be successful with this type of investment, the yield should be pretty close to the 2% rule and one should have a very good property manager in place.

I recently heard that one should stay away from older 3/1 homes that rent for less than $750 p/m. Would this be a good rule of them? 

Thank you so much for taking the time to read my post, I would really appreciate any thoughts or ideas.

Melissa