Thats for the metro area, so Tosa, West Allis etc included, and a a hand full in the surrounding counties.

Even a smaller town outside of the metro.  

My name is Abdul O and I'm based in the Atlanta metro area.

In 2017 we decided to move to a lower cost of living area (Detroit Metro) and sold the townhome for $765,000.We purchased a home that needed updating for $420,000 in Troy, MI and renovated it ourselves.

Housing inventory low, plus 25 minutes outside major metro, people wanting to move out. 

The metro area is squeezed between the Everglades on the West and the coast on the East ...

With about 100k to put  down, I don't think I can be anywhere close to cash flow break even (at least not in any market that is driving distance from the Metro DC area). 

Based on data from Rent.com It seems that in the ATL metro area , a 2 Bedroom property could rent between $1500 -$1600.

Buyers have a bit more breathing room to negotiate.Sales Activity Upward Tick: Closed listings across the Austin metro area saw a 5.9% increase compared to April 2023, indicating continued housing market activity.What Does This Mean?

Clearly I am not on every list of every syndicator, but there are definitely C- (in my opinion) assets in the riskiest parts of major metros being marketed as "low B", or maybe just not rated at all.At the end of the day, syndicators are generally going to call out all the positives they see in the deal.