How low should I go?

[Zach White]

I would like to buy small multi family properties and am looking for an experienced investors perspective on the class of neighborhood I should be focusing on. I live in Delaware County PA (bordering Philadelphia). It seems that class C and D properties are cheaper and offer better cash flow but management costs are higher and there is not much appreciation. But class A and B properties are easier to manage and appreciate more but the cash flow isn’t as much.

I feel like I should stay in the B-C zone to avoid extremes and look for good deals but I’m new and I’m sure there are plenty of factors I’m not considering. Which class of neighborhood is wisest to invest in for multi family?