@Thomas FarrellRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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 property in Class D area to Class A standards, what quality of tenant will you get?

A true win-win I realize this is biggerpockets so we’re all supposed to act like real estate is the most amazing investment class on the planet.

Hi everyone,For those who took their real estate license class online with AceableAgent, I heard they often offer great discounts and coupons.

Heck, I was nervous on one of my most recent purchases because it was my biggest ever - and I've done over 100 transactions.Your current house is probable a Class A property - which is the easiest to manage. 

Here's a bit about me and what I'm up to:Background:Industrial Property: I've got an industrial property with about $1.5 million in equity.Real Estate Experience: I've been involved in multifamily properties, developed some industrial spots, and managed short-term rentals.Current Projects:1031 Exchange Plans:Objective: Considerin a 1031 exchange from my industrial property into assets like self-storage, multifamily units, Section 8 housing, or mobile home parks.Request: Given the current market and lookin' for steady returns, which asset class would y'all recommend?

Managing Class C & D properties is NOT for every PMC!

@Anthony Sigala that "Rule" was created for mostly Class B properties BEFORE the Great RE Crash of 2008-2010.Values after the Crash dropped so much, that it could also be used for Class A rentals.Values are now more than their pre-crash highs, so the rule now only applies to Class B & C rentals.How are you identifying Class B & C submarkets in your area, so you can properly apply the rule to the right rentals?

I would second out near Heber since they’re building the new world class ski resort out there soon.

@Jack Cottrell You Vacancy & Maintenance percentage are aggressive and may only work for a Class A rental/tenant.If the is a Class B or C rental that will attract Class B or C tenants, you should strongly consider increasing those percentages.NOTE: we deal with a LOT of Class B & C rentals, so we replace "Vacancy" with "Vacancy/Tenant Nonperformance".

In efforts to get more experience with IOS, we are seeking a financial partner that potentially has experience with this asset class.