That will give you the funds to manage/handle larger debt payments on bigger projects and debt.If you bet...bet on yourself.

Think of a speculative bet on appreciation as an asymmetric trade with a large possible upside and a known, and limited, downside.  

***Only exception is if an owner has plan & funds to reposition Class D to Class C or higher.https://www.biggerpockets.com/forums/776/topics/960183-what-they-dont-tell-you-about-cheap-rental-properties?

Its not unrealistic to bet on increasing rents and increasing OO housing.

Mostly C- or D areas IMO.

Most likely these C or D class properties will never perform as you projected.

Times are changing and if you want to win, bet on the consumer.

Personally, my first real estate purchase was in California because I bet on appreciation. 

As long as you have renters who will want the space and investors who want to buy them you will support the property prices.Depending on what class of property you are buying ie Class A, B, C or D will probably determine whether your property holds it's value if those two demand drivers remain stable..

HML's generally prefer loaning to entities since it helps avoid compliance, but this is a just business decision on their part.I agree that a HELOC from a bank is likely your safest and most cost effective bet. On