C-class neighborhoods there are ideal for Section 8 and long-term renters.

I have read a couple of Brandon Turners books on house hacking and multi family and really enjoyed his writing style.

If you're looking at Cleveland, I suggest reading The Ultimate Guide to Grading Cleveland Neighborhoods to get yourself an understanding on the market. thank you!

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Milwaukee has a lot of old neighborhoods, so any form of rehab-driven strategy has plenty of opportunity.

There are so many C+ changing to B and beyond neighborhoods now in the city where a $130 - $150k price point will get you a +positive cash flowing SFH with growing equity in a city that is in a having a rebirth. 

That neighborhood is buzzing with potential-young professionals, trendy developments, and a rental market that’s always in demand.

But that really isn’t my learning style.

Hi There - We have had several clients make the numbers work here in Chicago typically with either FHA 203k and home style renovation loans.I continue to remind everyone that a single or walk right now will be a double, triple, or even a home run down the road. 

i offered on one i really, really wanted last month in a neighborhood i own a rental in.