However, considering gross monthly income and operational expenses, I'm looking for strategies or types of properties that can provide a better net ROI.Here are some key points:Location: At least a C neighborhood that is safe for driving around at all hours.Cashflow: Investments that can deliver superior cash flow.Involvement: I have the time and willingness to handle maintenance and operational activities myself.

For me I would rather have fewer high quality properties (Class A and B) than more less expensive properties (Class C). 

Roof, A/C, kitchen, bath, windows are all updated as of 1 year.

My higher quality property Class A is doing well but the lower quality ones, Class C are not.

http://www.builderonline.com/money/caught-in-the-c...Maybe there is a way to help each other out in the future and maybe not.

I live in a very rural area in the northeast and most of the markets within an hour of me are primarily class C and D neighborhoods with reputations for drug and crime problems (as well as my own hometown unfortunately) so I will probably look to long-distance investing as I get started.

A good broker can communicate between multiple lenders and often times has established relationships within the C-suite levels of multiple lenders that they can make calls on your behalf to "shake some trees" and get things processed not just in a timely manner, but in a manner that is on time based on what you are trying to do.Unfortunately it is not uncommon per se, but knowing where these hang-ups tend to happen and how to time everything based on lenders timelines and processes is where it can be helpful to have 'go to' lenders that you are familiar with, and they are familiar with you to help get things done.Good luck though, happy to help where/if I can.

Section 61-2c-102 broadly defines "Business of residential mortgage loans" as follows:(g) (i) "Business of residential mortgage loans" means for compensation or in the expectation of compensation to: (A) engage in an act that makes an individual a mortgage loan originator; (B) make or originate a residential mortgage loan; (C) directly or indirectly solicit a residential mortgage loan for another; (D) unless excluded under Subsection (1)(g)(ii), render services related to the origination of a residential mortgage loan including: (I) preparing a loan package; (II) communicating with the borrower or lender; or (III) advising on a loan term; or (E) engage in loan modification assistance.

The only laws for labeling something a bourbon are that it a) needs to be at least 51% corn in the mash bill, b) it needs to be aged in virgin American oak barrels, and c) if it is aged in barrels for less than four years the age needs to be prominently displayed on the label.

@Bryce MosierRecommend 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.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.