I have had some clients out of state self manage larger class B 4 units $800k range and it seems only way to cashflow right now is self managing larger deals. 

We make loan at a total cost to borrower of about double what “A or B” risk borrowers would pay for  bank financingLoans are 1st liens, short term (12 - 24 months) at no higher than 65% loan to value.Hope this adds clarity 

Quote from @Ko Kashiwagi: Quote from @Bob Stevens: Quote from @Ko Kashiwagi: Hi Anna,Are you investing as a foreign national (with visa, Green card or ssn)?

I agree that someone else paying doesn't not make them a tenant but a) this guy had been a tenant and b) I only mention it because of what I already explained above in #1.5.

-We have to move forward to help mitigate this problem b/c one owner lives 3 hours away and I live 30 min away and can't be at the house daily to empty dehumidifiers.

Learn about Form 1003 and if you are really motivated, learn the Fannie Mae underwriting requirements, specifically Part B. 

We've affectionately called this the "Sam's Club BRRRR," or "Justin B-BRRRR," as we're completing our "BRRRRs in Bulk" with many units at a time. ;) THE ASK: Do you happen to know of any good portfolio, bridge, and/or DSCR lenders, private or otherwise, that may be willing to work with such a scenario?

Today it would be hard to say but location wise maybe C, inventory wise B-D.

Best to buy 2-4 unit, live in one, rent the rest.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

My dad owned a D class property and a lot in B and C class property.